question archive Assume a firm has a cash cycle of 64 days and an operating cycle of 98 days
Assume a firm has a cash cycle of 64 days and an operating cycle of 98 days
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Assume a firm has a cash cycle of 64 days and an operating cycle of 98 days.
What is its average payment period?
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| Average payment period = operating cycle - cash cycle = 98 - 64 = | 34 | days |
