ESSENTIAL OF CORP FINANCE W/CONNECT
ESSENTIAL OF CORP FINANCE W/CONNECT
8th Edition
ISBN: 9781259903175
Author: Ross
Publisher: MCG CUSTOM
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Chapter 16, Problem 2CTCR
Summary Introduction

To discuss: The characteristics of the firm with a long cash cycle.

Introduction:

The time between the cash disbursement and cash collection is termed as cash cycle. The formula to calculate the cash cycle is as follows:

Cash cycle=Operating cycleAccounting cycle

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