Question: Problem 1 4 - 7 Payables Turnover ( LG 1 4 - 3 ) Assume a firm has a cash cycle of 7 0 days

Problem 14-7 Payables Turnover (LG14-3)
Assume a firm has a cash cycle of 70 days and an operating cycle of 121 days.
What is its payables turnover? (Use 365 days a year. Round your answer to 2 decimal places.)

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