Question
ABM inc. has inventory of 2000 on its financial statements with daily cost of goods sold of 40, account receivable of 50000 and cash of
ABM inc. has inventory of 2000 on its financial statements with daily cost of goods sold of 40, account receivable of 50000 and cash of 100. What is the inventory conversion period?
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Financial Management In The Sport Industry
Authors: Matthew T. Brown, Daniel A. Rascher, Mark S. Nagel, Chad D. McEvoy
3rd Edition
0367321211, 978-0367321215
