Calculate firm operating cycle

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Reference no: EM131537061

XYZ products are concerned about managing cash efficiently. On the average, inventories have an age of 90 days and accounts receivable are collected in 60 days. Accounts payable are paid approximately 30 days after they arise. The firm has annual sales of about $30milliom. Assume there is a 365 day year,

Calculate the firm’s operating cycle.

Reference no: EM131537061

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