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Ashwell Corp has $1,700,000 of sales, $250,000 of inventories, $175,000 of receivables, and $125,000 of payables. Its cost of goods sold is 70% of sales.
- Ashwell Corp has $1,700,000 of sales, $250,000 of inventories, $175,000 of receivables, and $125,000 of payables. Its cost of goods sold is 70% of sales. What is Ashwells cash conversion cycle?
- If current assets are $133,000 and current liabilities are $107,500, what is working capital?
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