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Homework answers / question archive / Holly Manufacturing Corp
Holly Manufacturing Corp. has the following income statement and balance sheet information: Net Sales of $24,000,000; Cost of Goods Sold of $20,000,000; Accounts Receivable of $4,000,000; Inventory of $5,000,000; and Accounts Payable of $3,000,000. Rounded to the nearest day, what is the length of the company's cash cycle?
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