Question
Compute the cash conversion cycle for a firm with $3 million average inventory, $1.8 million average trade receivables, $1.3 million average trade payables, an annual
Compute the cash conversion cycle for a firm with $3 million average inventory, $1.8 million average trade receivables, $1.3 million average trade payables, an annual cost of goods sold of $8 million, and an annual sales of $14 million. Please round your final answer to the nearest integer.
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
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