Suppose that Tucker Industries has annual sales of $6.30 million, cost of goods sold of...
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Finance
Suppose that Tucker Industries has annual sales of $6.30 million, cost of goods sold of $2.91 million, average inventories of $1,190,000, and average accounts receivable of $630,000. Assuming that all of Tucker's sales are on credit, what will be the firm's operating cycle? (Round your answer to 2 decimal places.)
Multiple Choice
149.26
185.76
112.76
36.50
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