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Business, 07.12.2019 03:31 logan541972

Genovese fine foods, a manufacturer of foodstuffs, buys durham wheat flour on credit on june 1. it processes this flour to make pasta on june 6 and pays cash for the flour on june 15. on june 22 it sells the pasta to a chain of supermarkets, and on july 3 receives cash payment for this sale. what is the length of the cash cycle in this case? a. 28 days b. 18 days c. 8 days d. 12 days

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Genovese fine foods, a manufacturer of foodstuffs, buys durham wheat flour on credit on june 1. it p...
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