Answered step by step
Verified Expert Solution
Question
1 Approved Answer
IBM's total revenue in 2015 was about $82 billion. Its costs of goods and services sold was about $41 bilion. At the end of 2015.
IBM's total revenue in 2015 was about $82 billion. Its costs of goods and services sold was about $41 bilion. At the end of 2015. IBM's accounts receivable were $29 billion, its inventory was $2 billion, and its accounts payable were $17 billion. What was IBM's cash conversion cycle last year
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started