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Franklin, Inc., has an inventory turnover of 15.9 times, a payables turnover of 9.7 times, and...

Franklin, Inc., has an inventory turnover of 15.9 times, a payables turnover of 9.7 times, and a receivables turnover of 8.2 times. What is the company's cash cycle? Assume 365 days per year. Multiple Choice 59.19 days 29.84 days 52.61 days 16.07 days 34.10 days

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