Business, 05.05.2020 22:16 sanjanadevaraj26

The shoe tree currently has an operating cycle of 199 days and a cash cycle of 54 days. the company is implementing some changes that will reduce the inventory period by 11 days, decrease the receivables period by 6 days, and decrease the accounts payable period by 4 days. how many days will be in the new cash cycle once all of these changes become effective

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The shoe tree currently has an operating cycle of 199 days and a cash cycle of 54 days. the company...