Heritage farms has sales of $1.62 million with costs of goods sold equal to 78 percent of sales. the average inventory is $369,000, accounts payable average $438,000, and receivables average $147,000. how long is the cash cycle?

what are the sentences? so we can answer the question.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answersecondary succession;