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Corporate FInace Assignment/ Professional Essay Writers

Author:
May 16th, 2020
Meryl Enterprises currently has an operating cycle of 64 days. The firm is analyzing some operational changes, which are expected to increase the accounts receivable period by 3 days and decrease the inventory period by 6 days. The accounts payable turnover rate is expected to increase from 9 to 11 times per year. If all of these changes are adopted, what will the firm’s new operating cycle be?
Gibbs' reflective cycle in nursing
Multiple Choice:
a. 51 days.
b. 64 days.
c. 61 days.
d. 54 days.  Get Finance Help Today

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