Question: ***** show all steps in calculations, including financial calculator inputs. Set calculators to 4 decimal places Your firm has an inventory turnover rate of 14,

***** show all steps in calculations, including financial calculator inputs. Set calculators to 4 decimal places

Your firm has an inventory turnover rate of 14, a payables turnover rate of 8, and a receivables turnover rate of 19. How long is your firm's operating cycle? Remember to show all work for each step from setting up formulas to final result. a. 3 days b. 22 days c. 45.28 days d. 53.13 days

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