Business, 22.02.2021 20:10 yasmincastor

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

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Meryl Enterprises currently has an operating cycle of 64 days. The firm is analyzing some operationa...

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