If average inventories are 175 million and average accounts


Excel Precisions has annual sales of $4.95 million, all of which are on credit, and cost of goods sold of $3.55 million. If average inventories are $1.75 million, and average accounts receivable are $1.15 million, what will be Excel's operating cycle?

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Finance Basics: If average inventories are 175 million and average accounts
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