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Chapter 2 6) In 2016, Southwest Airlines had negative net working capital of $(2,346) million and current assets of $4,498 million. The firm's current liabilities
Chapter 2 6) In 2016, Southwest Airlines had negative net working capital of $(2,346) million and current assets of $4,498 million. The firm's current liabilities are: $6,844 million $2,152 million $2,346 million $5,236 million None of the above 7) Prestige Company has determined the following information for its recent fiscal year. Days inventory outstanding 42.7 days Days payable outstanding 56.8 days Days sales outstanding 91.3 days Compute Prestige Company's cash conversion cycle. 77.2 days 99.5 days 8.2 days 105.4 days None of the
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