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Question 10 1 pts Using the information below, calculate the cash to cash cycle (round to the nearest tenth for all of the cash to
Question 10 1 pts Using the information below, calculate the cash to cash cycle (round to the nearest tenth for all of the cash to cash elements and use 360 days per year). Sales are $90,000,000. Beginning inventory is $1,600,000. Cost of Goods Sold is $59,500,000. Cash and Cash Equivalents $7,764,000 Accounts Payable $11,591,000 Short-term Investments $208,000 Short/Current Long-term Debt $225,000 Account Receivables $7,693,000 Other Current Liabilities $5,710,000 Ending Inventory $1,260,000 Other Current Assets $3,035,000 Total Current Assets $19,960,000 Total Current Liabilities $17,526,000 Long-term Investments $1,967,000 Long-term Debt $362,000 Property Plant and $2,668,000 Other Liabilities $2,070,000 Equipment Goodwill $1,648,000 Deferred Long-term Liability Charges $2,774,000 Intangible Assets $780,000 Other Assets $618,000 Total Assets $28,641,000 Total Liabilities 24,732,000 92.2 -31.7 109.6 -48.0
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