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Calculate the firm's cash conversion cycle given annual sales are $600.00 and cost of goods represent 90% of sales. Assume a 365-day year, inventory turnover10.8,
Calculate the firm's cash conversion cycle given annual sales are $600.00 and cost of goods represent 90% of sales. Assume a 365-day year, inventory turnover10.8, collection period45.6 days, and payable deferred period is 30 days
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