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What is operating cycle

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Problem 1: A firm has an inventory conversion period (or average age of inventory) of 60 days, a receivables conversion period of 45 days and a payables deferral period of 25 days. What is its operating cycle?

Group of answer choices

(a). 80
(b.) 130
(c.) 70
(d.) 65
(e.) 105

Reference no: EM132746282

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