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What will be the firm cash cycle for freddie fries

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Problem 1: Suppose that Freddie's Fries has annual sales of $670,000; cost of goods sold of $545,000; average inventories of $26,000; average accounts receivable of $42,000, and an average accounts payable balance of $37,000. 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.)

Reference no: EM133001868

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