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Desai Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Do not round intermediate calculations. Round
Desai Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Do not round intermediate calculations. Round to the nearest whole day.
| Annual sales = | $53,000 |
| Annual cost of goods sold = | $26,500 |
| Inventory = | $5,800 |
| Accounts receivable = | $1,800 |
| Accounts payable = | $2,500 |
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Food Hygiene Auditing
Authors: N. Chesworth
1997th Edition
1461380545, 978-1461380542
