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    A Firm with an Inventory Period of 30 Days, an Accounts
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A Firm with an Inventory Period of 30 Days, an Accounts

Question 131

Question 131

Multiple Choice

A firm with an inventory period of 30 days, an accounts receivable period of 30 days, and an accounts payable period of 90 days has an operating cycle of _____ days.


A) 60
B) -60
C) 30
D) -30

Correct Answer:

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