Aviva technologyrsquos operating cycle is 71 days its, Ask an Expert

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Aviva Technology’s operating cycle is 71 days. Its inventory was $111,000 at the end of last year, and the company had cost of goods sold $1.4 million. How long does it take Aviva to collect its receivables on average? (Round intermediate calculations and final answer to 1 decimal place, e.g. 25.1.)

Aviva must take __________ days to collect its accounts receivable.

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Financial Management, Finance

Category:- Financial Management
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