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2 1. Robert's International has the following financial statement info 2. 3. Item Inventory Accounts receivable Accounts payable Net sales Cost of goods sold What
2 1. Robert's International has the following financial statement info 2. 3. Item Inventory Accounts receivable Accounts payable Net sales Cost of goods sold What is the company's cash ycle? a. 16 days b. 22 days c. 8 days 81 days e. 45 days Beginning $17,453 14,087 15,387 00 18,367 14, 700.5 16,104.50 $418,276 234,912 Inventury Ending $19,281 15,314 16,822 turnover = = Inventory period = 365 da Recievales Turnover = net = 418 Recievables Period = 365
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