3. Cash cycle (S31.1) In 2020 and 2021, Colgate Palmolives financial statements included the following items. What

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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

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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