Solved: Suppose that lilymac photography has annual sales of 320000, Business Economics

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Suppose that lilymac photography has annual sales of 320000

Suppose that LilyMac Photography has annual sales of $320,000, cost of goods sold of $160,000, average inventories of $4,000, and average accounts receivable of $24,500. Assume that all of LilyMac's sales are on credit.

What will be the firm's operating cycle?

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Business Economics: Suppose that lilymac photography has annual sales of 320000

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Business Economics: Suppose that lilymac photography has annual sales of 320000

Reference No:- TGS02571593

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