What will be firms cash cycle

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Reference no: EM131488552

Suppose that Ken-Z Art Gallery has annual sales of $890,000, cost of goods sold of $580,000, average inventories of $166,000, average accounts receivable of $135,000, and an average accounts payable balance of $66,000. Assuming that all of Ken-Z’s sales are on credit, what will be the firm’s cash cycle? (Use 365 days a year. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Reference no: EM131488552

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