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Calculate the operating cycle based on the following information:
Sales = $83,896
COGS = $36,565
Inventory = $17,477
Accounts Receivable = $19,911
Enter your answer rounded off to two decimal points.
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Canadian Products is concerned about managing its operating assets and liabilities efficiently. Inventories have an average age of 110 days, and accounts receivable have an average age of 50 days. Accounts payable are paid approximately 40 days af..
Brown Enterprises' bonds currently sell for $1,025. They have a 9-year maturity, a coupon of $80 paid annually, and a par value of $1,000.
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