Suppose that tucker industries has annual sales of 650, Ask an Expert

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Suppose that Tucker Industries has annual sales of $6.50 million, cost of goods sold of $2.93 million, average inventories of $1,200,000, and average accounts receivable of $650,000.

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

Category:- Financial Management
Reference No.:- M92857702

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