Suppose that tucker industries has annual sales of 530, Ask an Expert

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Suppose that Tucker Industries has annual sales of $5.30 million, cost of goods sold of $2.81 million, average inventories of $1,140,000, and average accounts receivable of $530,000. Assuming that all of Tucker's sales are on credit, what will be the firm's operating cycle? (Round your answer to 2 decimal places.)

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Financial Management, Finance

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