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What is the average payment period

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Reference no: EM132611765

Question 1: Assume a firm has a cash cycle of 75 days and an operating cycle of 120 days. What is its average payment period?

Question 2: Assume a firm has a cash cycle of 73 days and an operating cycle of 127 days. What is its payable turnover? (use 365 days and round 2 decimal places)

Reference no: EM132611765

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