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Anston Ltd . Rempel Co . Daschle Inc.Inventory turnover in days 3 0 9 0 3 0 Accounts receivable turnover in days 1 0 3
Anston LtdRempel Co Daschle Inc.Inventory turnover in daysAccounts receivable turnover in daysAccounts payable turnover in daysSales CAD thousandCost of sales CAD thousandDesired cash balance CAD thousand REQUIRED: How long are the net operating cycles for Anston, Rempel, and Daschle? Calculate the appropriate current ratio for each company. What do the results in Part indicate?
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