What is the companys operating cycle

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Question - The following company information is available:

Average accounts receivable $500000

Average inventories 140000

Average accounts payable 120000

Net sales 7000000

Cost of goods sold 1600000

Purchases 1120000

Required - What is the Company's operating cycle? (in days)?? (Assume all sales are made on credit. Round your answer to the nearest? day.)

Reference no: EM132486246

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