Given the following financial statement data, calculate the operating cycle for this company. How long is the net operating cycle (=cash conversion cycle) for this company.
Credit sales = $25,000 mil
COGS=420,000 mil
Accounts receivable = $2,500 mil
Inventory - Beginning balance = $2,000 mil
Inventory - Ending balance = $2,300 mil
Accounts payable=$1,700 mil
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