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What will be the firm cash cycle

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Problem 1: Suppose that Professional Photography has annual sales of $900,000; cost of goods sold of $450,000; average inventories of $5,000; average accounts receivable of $40,000; and an average accounts payable balance of $20,000. Assuming that all of Professional's sales are on credit, what will be the firm's cash Cycle?

Reference no: EM132954490

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