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how many days were in the company's cash conversion cycle for 2019? a) 63.27 b) 90.27 c) 131.63 d) 101.39 ASSETS . Eorma CASH AND

how many days were in the company's cash conversion cycle for 2019?
a) 63.27
b) 90.27
c) 131.63
d) 101.39 image text in transcribed
ASSETS . Eorma CASH AND MARKETABLE SECURITIES 28,000 25,000 ACCOUNTS RECEIVABLE INVENTORIES CURRENT C SA U GROSS PLANT AND EQUIPMENT LESS: ACCUMULATED DEPRECIATION 112,000 140,000 280,000 392,000 112.000 280,000 560,000 100.000 125.000 250.000 350,000 100.000 250.000 500,000 NET FIXED ASSETS TOTAL ASSETS LIABILITIES AND EQUITY ACCOUNTS PAYABLE ACCRURALS NOTES PAYABLE CURRENT LAIBILITIES LONG TERM DEBT TOTAL LIABILITIES COMMON STOCK ($1.00 par) RETAINED EARNINGS TOTAL OWNER'S EQUITY 87,360 33,600 38,080 159,040 156.800 315,840 168,000 76.160 244,160 78.000 30,000 34.000 142,000 140.000 282,000 150.000 68.000 218.000 TOTAL LIABILITIES AND EQUITY 560,000 500.000 2019 784.000 504,000 280,000 169.120 110.880 INCOME STATEMENT NET REVENUES & SALES (100,000 UNITS) COST OF GOODS SOLD GROSS PROFIT FIXED OPERATING EXPENSES (pre depreciation) EBITDA Earnings Before Interest, Taxes, Depreciation & Amortization DEPRECIATION EXPENSE OPERATING INCOME (EBIT) INTEREST INCOME BEFORE TAXES (EBT) INCOME TAXES (40%) NET INCOME Retamed Earnings Dividends NUMBER OF SHARES OUTSTANDING 2018 700.000 490.000 250.000 151.000 22.000 25.00 74.000 15.000 60,000 36,000 27.000 9,000

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