If a firm has a cash cycle of 45 days and an operating cycle of 77 days,

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If a firm has a cash cycle of 45 days and an operating cycle of 77 days, what is its average payment period?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:52 AM

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If a firm has a cash cycle of 45 days and an operating cycle of 77 days,

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Using equation 142 Cash cycle ...View the full answer

Finance Applications and Theory

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