Suppose that lilymac photography has annual sales of 290000


Suppose that LilyMac Photography has annual sales of $290,000; cost of goods sold of $155,000; average inventories of $3,500; average accounts receivable of $21,000; and an average accounts payable balance of $10,000. Assuming that all of LilyMac's sales are on credit, what will be the firm's cash cycle?

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Financial Management: Suppose that lilymac photography has annual sales of 290000
Reference No:- TGS01412133

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