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If a Firm Has a Cash Cycle of 71 Days

question 108

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If a firm has a cash cycle of 71 days and an operating cycle of 139 days, what is its average payment period?


Definitions:

Desktop Videoconferencing Systems

Technology platforms that enable users to conduct face-to-face meetings via computer, using video and audio, even when participants are in different locations.

Virtual Teams

Groups of individuals who work together from different geographic locations, connected through technology.

Data Sharing

The practice of making data available to other individuals or organizations for analysis or decision-making.

Desktop Videoconferencing Systems

Technology platforms that enable real-time video communication and collaboration between individuals or groups using desktop computers.

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