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ABM Inc. has inventory of $2,000 on its financial statements with daily cost of goods sold of $40, accounts receivable of $5,000, and cash of
ABM Inc. has inventory of $2,000 on its financial statements with daily cost of goods sold of $40, accounts receivable of $5,000, and cash of $100. What is the inventory conversion period? A. 183 days B. 125 days C. 50 days D. 18 days
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Management Accounting In A Dynamic Environment
Authors: Cheryl S McWatters, Jerold L Zimmerman
1st Edition
0415839025, 9780415839020
