Question: Suppose that Freddie s Fries has annual sales of $ 5 8 0 , 0 0 0 ; cost of goods sold of $ 4

Suppose that Freddies Fries has annual sales of $580,000; cost of goods sold of $455,000; average inventories of $17000; average accounts receivable of $33000, and an average accounts payable balance of $28000. Assuming that all of Freddies sales are on credit, what will be the firms cash cycle? (Round your answer to 2 decimal places.)

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