How is the cash conversion cycle calculated? If Myer's cash conversion cycle went from 20 days in
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Question:
How is the cash conversion cycle calculated? If Myer's cash conversion cycle went from 20 days in 2015 to negative (-) 4 days in 2016
what does this indicate about its working capital management?
Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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