Question
Hello, could I use some help with the following question? An analyst gathered the following information: Net sales = $775,000 ($370,000 of cash sales) Accounts
Hello, could I use some help with the following question?
An analyst gathered the following information:
Net sales = $775,000 ($370,000 of cash sales)
Accounts receivable = $121,500
Number of days of inventory = 115.2
Purchases = $112,450
Accounts payables = $31,230
What is the companys cash conversion cycle?
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
