Assume a firm has a cash cycle of 67 days and an operating cycle of 104 days. What is its average payment period?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
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Assume a firm has a cash cycle of 67 days and an operating cycle of 104 days.

What is its average payment period?

 

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