3. Compute the cash conversion cycle for Walmart for each of the last four years. a. Compute...

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3. Compute the cash conversion cycle for Walmart for each of the last four years.

a. Compute the inventory days using “Cost of Revenue” as cost of goods sold and a 365-day year.

b. Compute accounts receivable days using a 365-day year.

c. Compute accounts payable days using a 365-day year.

d. Compute the cash conversion cycle for each year.

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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