Abc company currently has a cash cycle of 223 days the firm, Ask an Expert

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ABC Company currently has a cash cycle of 223 days. The firm is considering making some changes as follows: (i) increase the inventory period by 9 days, (ii) increase the accounts receivable period by 68 days, and (iii) increase the accounts payable period by 7 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?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92064383

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