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Dexler Manufacturing has annual sales of $5.2 million, cost of goods sold of $2,000,000, average inventory of $1,200,000, and average accounts receivable of $800,000. Assume all of Dexler’s sales are on credit. What is the firm’s operating cycle? Right answer

Dexler Manufacturing has annual sales of $5.2 million, cost of goods sold of $2,000,000, average inventory of $1,200,000, and average accounts receivable of $800,000. Assume all of Dexler’s sales are on credit. What is the firm’s operating cycle? Right answer

Corporate Fin Focused Approach
Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 11P
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Dexler Manufacturing has annual sales of $5.2 million, cost of goods sold of $2,000,000, average inventory of $1,200,000, and average accounts receivable of $800,000. Assume all of Dexler’s sales are on credit. What is the firm’s operating cycle? Right answer

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