What will be the firms operating cycle, Finance Basics

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What will be the firms operating cycle

Suppose that LilyMac Photography has annual sales of $234,000, cost of goods sold of $169,000, average inventories of $4,900, and average accounts receivable of $25,400. Assume that all of LilyMac's sales are on credit.

What will be the firm's operating cycle?

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Finance Basics: What will be the firms operating cycle

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Finance Basics: What will be the firms operating cycle

Reference No:- TGS0725124

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Independent random variables

Q : What will be the firms cash cycle

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Q : Compute isentropic efficiency of turbine and mass flow rate

Q : What will be the firms operating cycle

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Q : What is the length of the days sales in inventory

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: What will be the firms operating cycle

Reference No:- TGS0725124

Recent Questions Asked Finance Basics

Q : Independent random variables

Q : What will be the firms cash cycle

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Q : Compute isentropic efficiency of turbine and mass flow rate

Q : What will be the firms operating cycle

Q : Proportion of successes in the population

Q : What is the length of the days sales in inventory

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