Question
A business analyses working capital movements and notes that their inventory takes 35 days to get sold, their customers take 20 days to settle their
A business analyses working capital movements and notes that their inventory takes 35 days to get sold, their customers take 20 days to settle their invoices and they take 32 days to pay their suppliers.
What is the cash operating cycle for this business?
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Step: 1
The cash operating cycle for this business can be calculated as follows Ca...
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
