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Please answer ASAP Question 3 Kamunting Bhd has an inventory conversion period of 75 days, a payable deferral period of 36 days and a receivable
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Question 3 Kamunting Bhd has an inventory conversion period of 75 days, a payable deferral period of 36 days and a receivable conversion period of 55 days. Required: What is the length of the firm's cash conversion cycle? b. If the firm's sales are RM3.5 million, and all sales are on credit, what is its investment in accounts receivable? How many times a year does the firm turn over its inventory? a. CStep by Step Solution
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Your Money The Missing Manual
Authors: J.D. Roth
1st Edition
0596809409, 978-0596809409
