Suppose that lilymac photography has annual sales of 234000

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Suppose that LilyMac Photography has annual sales of $234,000, cost of goods sold of $169,000, average inventories of $4,900, and average accounts receivable of $25,400. Assume that all of LilyMac's sales are on credit.

What will be the firm's operating cycle?

Reference no: EM13617614

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Suppose that lilymac photography has annual sales of 234000 : suppose that lilymac photography has annual sales of 234000 cost of goods sold of 169000 average inventories of 4900
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