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The Following Analysis Is Based on Information Obtained from 2016

question 61

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The following analysis is based on information obtained from 2016 financial statements of Lake Company, River Corporation, and Ocean Company.
The following analysis is based on information obtained from 2016 financial statements of Lake Company, River Corporation, and Ocean Company.    A Compute the cash to cash operating cycle for each company for 2016. B What does this ratio measure? Which company has the better cash to cash operating cycle? A Compute the cash to cash operating cycle for each company for 2016.
B What does this ratio measure? Which company has the better cash to cash operating cycle?


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