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Q1. XYZ Company had net sales of 30 million TL in 2022 and cost of goods sold of 15 million TL. Total cash costs and

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Q1. XYZ Company had net sales of 30 million TL in 2022 and cost of goods sold of 15 million TL. Total cash costs and expenses is 14,752,000TL. A simplified balance sheet for the firm is as follows: a) Calculate the net working capital of XYZ Company in 2022. (5 pts) b) Calculate the cash conversion cycle of XYZ Company in 2022 and comment. (10 pts)

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