Suppose that ken-z art gallery has annual sales of 896000, Ask an Expert

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Suppose that Ken-Z Art Gallery has annual sales of $896,000, cost of goods sold of $586,000, average inventories of $172,000, average accounts receivable of $105,000, and an average accounts payable balance of $63,000.

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

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92760480

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