What will be the firm cash cycle

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Reference no: EM131359133

Suppose that Freddie's Fries has annual sales of $680,000; cost of goods sold of $555,000; average inventories of $27,000; average accounts receivable of $43,000, and an average accounts payable balance of $38,000. Assuming that all of Freddie's sales are on credit, what will be the firm's cash cycle? (Round your answer to 2 decimal places.) 15.85

Reference no: EM131359133

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