Question
14.1. The Whole Foods Market, Inc., balance sheet for the fiscal year ending September 29,2013 included the following: total current assets of $1,980 million, total
14.1. The Whole Foods Market, Inc., balance sheet for the fiscal year ending September 29,2013 included the following: total current assets of $1,980 million, total assets of $5,538 million, total current liabilities of $1,088 million, and total liabilities of $1,660 million. What was the companys net working capital on September 29, 2013? What does this tell us?
14.2. Last year Perpetual Plastics Company took an average of 46 days to pay suppliers and 38 days to collect its receivables. The companys average days sales in inventory was 52 days. what was Perpetuals operating cycle and cash conversion cycle last year?
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