Ultra-Cosmetics Corporation has an average production process time of 40 days. Finished goods are kept on hand for an average of 15 days before they are sold. Accounts receivables are outstanding an average of 35 days, and the firm receives 40-days credit on its purchases from suppliers. Assume net sales of $1,200,000 and cost of goods sold of $900,000. Estimate the average length of the firmos short- term operating cycle. 4 days 45 days 90 days 120 days (1 point) Which of the following is not one of the services investment bankers provide in mergers and acquisitions? bridge financing valuation services due diligence book building