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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? Annual sales = $45,000 Annual cost
Desai Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash (conversion) cycle?
| Annual sales = | $45,000 | ||
| Annual cost of goods sold = | $38,000 | ||
| Inventory = | $4,500 | ||
| Accounts receivable = | $1,800 | ||
| Accounts payable = | $2,500 | ||
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Introduction To The Financial Management Of Healthcare Organizations
Authors: Michael Nowicki
7th Edition
156793904X, 9781567939040
