Question
Company A's for 2018 had $43,748.67M in Sales, $33,744.31M Cost of Goods Sold. The Inventory and Accounts Payable were $2,033.3M and $12,978.72M respectively.What should be
Company A's for 2018 had $43,748.67M in Sales, $33,744.31M Cost of Goods Sold. The Inventory and Accounts Payable were $2,033.3M and $12,978.72M respectively.What should be the value for Accounts Receivables in order to have a Cash Convertion Cycle of 11 days?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
