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as soon as possible not much time The Jefferson Corporation is interested in examining its cash conversion cycle. Suppose your accounting staff haved the following
as soon as possible
The Jefferson Corporation is interested in examining its cash conversion cycle. Suppose your accounting staff haved the following data for your use: Account Information Inventory $1,200,000 Accounts receivable $960,000 Accounts payable $480,000 Wages, benefits, and payroll taxes payable $380,000 Sales $30,000,000 Cost of sales $12,000,000 Selling, general, and administrative expenses $1,800,000 What is the cash conversion cycle in days. Please click on the following link to access a blank Excel-type worksheet: Blank XLS Worksheets 2543 der 26.46 days 78.31 days 20,72 days not much time
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