Franklin, Incorporated, has an inventory turnover of 20.5 times, a payables turnover of 11.7 times, and a receivables tu

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Franklin, Incorporated, has an inventory turnover of 20.5 times, a payables turnover of 11.7 times, and a receivables tu

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Franklin Incorporated Has An Inventory Turnover Of 20 5 Times A Payables Turnover Of 11 7 Times And A Receivables Tu 1
Franklin Incorporated Has An Inventory Turnover Of 20 5 Times A Payables Turnover Of 11 7 Times And A Receivables Tu 1 (41.43 KiB) Viewed 25 times
Franklin, Incorporated, has an inventory turnover of 20.5 times, a payables turnover of 11.7 times, and a receivables turnover of 10.5 times. What is the company's cash cycle? Assume 365 days per year. Multiple Choice O O 42.80 days 14.24 days 24.42 days 48.15 days 21.37 days
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