Business, 12.05.2021 01:10 PluggedIn

Suppose that Freddie's Fries has annual sales of $520,000; cost of goods sold of $395,000; average inventories of $11,000; average accounts receivable of $27,000, and an average accounts payable balance of $22,000. Assuming that all of Freddie's sales are on credit, what will be the firm's cash cycle? (Round your answer to 2 decimal places.)

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Suppose that Freddie's Fries has annual sales of $520,000; cost of goods sold of $395,000; average i...

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