3. Cash cycle (S31.1) In 2020 and 2021, Colgate Palmolives financial statements included the following items. What
Question:
3. Cash cycle (S31.1) In 2020 and 2021, Colgate Palmolive’s financial statements included the following items. What was its cash cycle?
$ millions 2021 2020 Inventory $ 1,250 $ 1,221 Receivables 1,400 1,480 Payables 1,222 1,212 Sales 15,693 15,544 Cost of goods sold 6,368 6,313
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
Question Posted: