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Annual Sales: $365,000 Cost of Goods Sold: $292,000 Average Inventory: $24.000 Averago Accounts Receivable: 535,000 The company takes on average 27 days to pay its

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Annual Sales: $365,000 Cost of Goods Sold: $292,000 Average Inventory: $24.000 Averago Accounts Receivable: 535,000 The company takes on average 27 days to pay its payables How many days is the Cash Conversion Cycle? Enter only numbers: days Speedy Printers has the following data for its Sales and Expenses: Sales: January $50,000, February $30,000 Match $30,000, April $40,000 Terms given to customers are: 1/10 net 30. 20% will pay in the month of sale and take the discount 70% will pay in the month following and de not get the discount 10% will pay in the second month following and do not get the discount Purchases cost 60% of Sales and are paid in the next month following purchase Other cash expenses are: Salary $2,000 and Rent $4,000 each month Determine the Net Cash Gain or Loss for the month of March only Enter only numbers and decimal (do not use a sign or comma): 5 line on armen nat 30 As it needs cash to pay off a loan that is coming due it decid

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