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What is the length of operating cycle

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Reference no: EM132775813

Problem 1: On average, Stuff for Less is ab0le to sell their inventory in 23 days. Stuff for Less takes 60 days on average to pay for their purchases. On the other hand, their average customer charges their purchase on a credit card whereby payment is received in 15 days. Given this information, what is the length of operating cycle?

A. 38 days
B. 45 days
C. 68 days
D. 75 days

Reference no: EM132775813

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