Question
Compute the Cash Conversion Cycle? Direct Furnishings Inc. has the following data: Annual sales $10,000,000 Cost of goods sold 6,000,000 Inventory 2,547,945 Accounts receivable 1,643,836
Compute the Cash Conversion Cycle?
Direct Furnishings Inc. has the following data:
Annual sales $10,000,000
Cost of goods sold 6,000,000
Inventory 2,547,945
Accounts receivable 1,643,836
Accounts payable 1,200,000.
Calculate the firms cash conversion cycle
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Governance And Finance Of Metropolitan Areas In Federal Systems
Authors: Enid Slack, Rupak Chattopadhyay
1st Edition
0199008973, 9780199008971
