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Company A's for 2018 had $40,743.36M in Sales, $34,934.07M Cost of Goods Sold. The Account Receivable was $5,883.68M. Finally, the Inventory and Accounts Payable were
Company A's for 2018 had $40,743.36M in Sales, $34,934.07M Cost of Goods Sold. The Account Receivable was $5,883.68M. Finally, the Inventory and Accounts Payable were $2,862.03M and $13,585.95M respectively. The company increases sales by 39% however keeping the same inventory. Applying the percentage of Sales Method, what would be the new CCC?
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