Question
Calculate the 2014 cash conversion cycle for the following company using the information below. 12/31/2013 Inventory = $175M 12/31/2014 Inventory = $150M 2014 COGS =
Calculate the 2014 cash conversion cycle for the following company using the information below.
12/31/2013 Inventory = $175M 12/31/2014 Inventory = $150M
2014 COGS = $400M 2014 Credit Sales = $650M
12/31/2013 Accts Pay = $80M 12/31/2014 Accts Pay = $70M
12/31/2013 Accts Rec = $120M 12/31/2014 Accts Rec = $150M
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
