Question
Based on the following information calculate bot h the operating and cash cycles. Jan 1 st Dec 31st Accounts Payable 12,250 10,000 Accounts Receivable 16,500
Based on the following information calculate both the operating and cash cycles.
|
| Jan 1st | Dec 31st |
| Accounts Payable | 12,250 | 10,000 |
| Accounts Receivable | 16,500 | 18,000 |
| Inventory | $17,000 | $19,000 |
| Credit Sales | $130,000 | |
| Cost of Goods Sold | $55,000 | |
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Introductory Econometrics For Finance
Authors: Chris Brooks
3rd Edition
1107661455, 9781107661455
