Freda Bakery collects 70 of its monthly sales immediately and the rest a month later Its production costs are 65 of sales It holds 1 month of sales in inventory (inventory period), and it pays half its bills immediately and half after 30 days Calculate the cash conversion cycle (CC) and the operating cycle (OC) for Montreal Bagel Bakery 39 days and 24 days 24 days and 30 days 21 days and 36 days 24 days and 39 days 45 days and 36 days

Question

Freda Bakery collects 70  of its monthly sales immediately and the rest a month later  Its production costs are 65  of sales  It holds 1 month of sales in inventory (inventory period), and it pays half its bills immediately and half after 30 days  Calculate the cash conversion cycle (CC) and the operating cycle (OC) for Montreal Bagel Bakery  39 days and 24 days 24 days and 30 days 21 days and 36 days 24 days and 39 days 45 days and 36 days

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Freda Bakery collects 70% of its monthly sales immediately and the rest a month later. Its production costs are 65% of sales. It holds 1

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