What will be the firm cash cycle

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Reference no: EM131921818

Suppose that Ken-Z Art Gallery has annual sales of $896,000, cost of goods sold of $586,000, average inventories of $172,000, average accounts receivable of $105,000, and an average accounts payable balance of $63,000.

Assuming that all of Ken-Z’s sales are on credit, what will be the firm’s cash cycle?

Reference no: EM131921818

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