Question
A company has the following data, in thousands. Assuming a 365-day year, what is the firm's CCC? Annual sales = $150,000 Annual cost of goods
A company has the following data, in thousands. Assuming a 365-day year, what is the firm's CCC?
Annual sales = $150,000
Annual cost of goods sold =
$100,000
Inventory = $5,000
Accounts receivable = $2,000
Accounts payable = $3,000
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
