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Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding ( DSO ) on its cash conversion cycle.
Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding DSO on its cash conversion cycle. Chastain's sales all on credit were $; its cost of goods sold is of sales; and it earned a net profit of or $ It turned over its inventory times during the year, and its DSO was days. The firm had fixed assets totaling $ Chastain's payables deferral period is days. Assume days in year for your calculations.
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