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Question - Libscomb Technologies' annual sales are $6,405,051 and all sales are made on credit, it purchases $3,396,479 of materials each year [and this is its cost of goods sold]. Libscomb also has $529,198 of inventory, $515,690 of accounts receivable, and beginning and ending of year $412,683 and $479,039 accounts payables {respectively). Assume a 365 day year. What is Libscomb's Cash Cycle?
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