A company has $20 million of inventory, $5 million of receivables, and $4 million of payables. Its
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A company has $20 million of inventory, $5 million of receivables, and $4 million of payables. Its annual sales revenue is $80 million, and its cost of goods sold is $60 million. What is its CCC? (120.15)
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Related Book For 
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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