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Please help me Observe the the information below Mango Juice Company Inventory 20,312,000,000 COGS 59,794,000,000 AR 50,697,000,000 Sales 140,871,000,000 AP 48,962,000,000 A. Determine the Cash
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Observe the the information below Mango Juice Company
Inventory | 20,312,000,000 |
COGS | 59,794,000,000 |
AR | 50,697,000,000 |
Sales | 140,871,000,000 |
AP | 48,962,000,000 |
A. Determine the Cash Conversion Cycle (6 Marks)
B. The industry has an average CCC of 120 days. How does this compare to Mango Juice Company? What can Mango Juice do to be closer to the industry average? (4 Marks)
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