If Abrams Company has an inventory turnover of 7.3 and a receivables turnover of 9.6, approximately how

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If Abrams Company has an inventory turnover of 7.3 and a receivables turnover of 9.6, approximately how long is its operating cycle?
a. 72 days
b. 88 days
c. 95 days
d. There is not enough information to calculate the operating cycle.

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Question Posted: Sep 22, 2015 03:23 AM

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If Abrams Company has an inventory turnover of 7.3 and a receivables turnover of 9.6, approximately how

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Cornerstones of Financial and Managerial Accounting

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