Find what will be the firms operating cycle

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Reference no: EM132012873

Suppose that LilyMac Photography has annual sales of $230,000, cost of goods sold of $165,000, average inventories of $4, 500, and average accounts receivable of $25,000.

Assume that all of LilyMac's sales are on credit. What will be the firm's operating cycle?

Reference no: EM132012873

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