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A hospital recently reported the following information: Revenues $ 16,107,712.80 COGS $ 8,859,242.04 Depreciation $ 1,610,771.28 Operating Income $ 5,637,699.48 Beginning Inventories $ 2,657,772.61 Ending
A hospital recently reported the following information: Revenues $ 16,107,712.80 COGS $ 8,859,242.04 Depreciation $ 1,610,771.28 Operating Income $ 5,637,699.48 Beginning Inventories $ 2,657,772.61 Ending (Current) Inventories $ 3,100,734.71 Payables $ 1,395,330.62 Dales Sales Outstanding 47.6 days Find the Cash Conversion Cycle
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