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  • 20-05-2023
  • Business
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The inventory turnover for the Lambkin Company was 8 times and its days' sales in
receivables were 55. The average payables deferral period (or turnover) was 7.5. What is the cash cycle for Lambkin given a 365-day year?
A. 51.96 days
B. 58.04 days
C. 115.00 days
D. 149.29 days
E. 164.37 days

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