39.) The operating cycle: a.) begins when a product is sold to a customer. b.)...
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Finance
39.) The operating cycle:
a.) begins when a product is sold to a customer.
b.) illustrates the sources and uses of cash.
c.) equal to the cash cycle plus the accounts receivable period
d.) describes how a product moves through the current asset accounts.
e.) is based on a 360-day year.
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