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CCC practice exercise: The COGS of a company is 600,000. Opening inventory is 15000 and the closing inventory is 85000. Particular 2018 Annual Credit Sales
CCC practice exercise: The COGS of a company is 600,000. Opening inventory is 15000 and the closing inventory is 85000. Particular 2018 Annual Credit Sales 500,000 Annual credit purchases 300,000 Creditors in the beginning 65000 Creditors at the end 45000 Debtors in the beginning 80,000 Debtors at the end 100,000 You are requested to calculate the cash conversion cycle
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