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ABC Company currently has a cash cycle of 200 days. The firm is considering making some changes as follows: (i) increase the inventory period by 49 days, (ii) decrease the accounts receivable period by 63 days, and (iii) decrease the accounts payable period by 14 days. Calculate the number of days in the new cash cycle after the above changes become effective? That is, what is the new cash cycle?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92064314

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