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Companies 2014 financial statements included the following items. 2014 Inventory $ 6,857 Receivables $ 4,120 Payables $ 5,075 Sales $32,160 Cost of goods sold $26,420
Companies 2014 financial statements included the following items. 2014 Inventory $ 6,857 Receivables $ 4,120 Payables $ 5,075 Sales $32,160 Cost of goods sold $26,420 Use the above information for the following 4 questions and use 2 decimals with each answer:
Calculate the Inventory Period for 2014. ____________
Calculate the Payables Period for 2011.
Calculate the Receivables Period for 2011._________
Calculate the Cash Conversion Cycle for 2011.
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