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    Principles of Managerial Finance
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    Exam 15: Working Capital and Current Assets Management
  5. Question
    A Firm's Operating Cycle (OC) Is Simply the Sum of the Average
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A Firm's Operating Cycle (OC) Is Simply the Sum of the Average

Question 86

Question 86

True/False

A firm's operating cycle (OC) is simply the sum of the average age of inventory (AAI) and the average payment period (APP).

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