(Answered) Suppose that ken-z art gallery has annual sales of 872000

Economics

Suppose that Ken-Z Art Gallery has annual sales of $872,000, cost of goods sold of $562,000, average inventories of $148,000, average accounts receivable of $117,000, and an average accounts payable balance of $80,000.

Assuming that all of Ken-Z's sales are on credit, what will be the firm's cash cycle?

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