Calvani inc has a cash cycle of 42 days an operating cycle, Ask an Expert

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Calvani, Inc., has a cash cycle of 42 days, an operating cycle of 60 days, and an inventory period of 25.5 days. The company reported cost of goods sold in the amount of $350,000, and credit sales were $573,000.

What is the company’s average balance in accounts payable and accounts receivable?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91611184

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