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Dew Corporation has the following data, in thousands. Assuming a 365-day year, what is the fim's cash cycle? How does it compare to its competitors?
Dew Corporation has the following data, in thousands. Assuming a 365-day year, what is the fim's cash cycle? How does it compare to its competitors? E45,000 31,500 4,000 2,000 2,400 Annual sales Annual cost of goods sold = Average Inventory Average Accounts receivable Average Accounts payable Benchmark Cash Cycle (industry average) 52.00
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