Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate Cash Conversion Cycle and Operating Cycle length. Data: Accounts Payable average amount: 200 Eur/day Total Purchases: 3200 Eur/year Raw Material Inventory average amount: 220

Calculate Cash Conversion Cycle and Operating Cycle length.

Data:

Accounts Payable average amount: 200 Eur/day

Total Purchases: 3200 Eur/year

Raw Material Inventory average amount: 220 Eur/day

Purchased row materials: 1000 Eur/year

Work in Progress inventory average amount: 80 Eur/day

Costs of goods manufactured: 2000 Eur/year

Finished goods inventory average amount: 2 Eur/day

Costs of goods sold: 200 Eur/year

Accounts receivables average amount: 50 Eur/day

Sales: 800 Eur/per year

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions