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Question Help The Greek Connection had sales of $33.9 million and a cost of goods sold of $136 million in 2018 A simplified balance sheet

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Question Help The Greek Connection had sales of $33.9 million and a cost of goods sold of $136 million in 2018 A simplified balance sheet for the firm appears below a. Calculate The Greek Connection's networking capital in 2018 b. Calculate the cash conversion cycle of The Greek Connection in 2018 C. The industry average accounts receivable days is 30 days. What would have been the cash conversion cycle for The Greek Connection in 2018 hadit met the industry average for accounts receivable days? (Hint Use a 365 day year) (Click on the following icon in order to copy the contents of the table below into a spreadsheet) Assets Cash Accounts receivable Inventory Total current assets Net plant, property, and equipment Total assets THE GREEK CONNECTION BALANCE SHEET as of December 31, 2018 (thousands of dollars) Liabilities and Equity $2435 Accounts payable 3,500 Notes payable 1,156 Accruals $7,091 Total current liabilities $8500 Long term debt $15.591 Total abilities Common equity Total liabilities and equity $1,543 1.000 1220 $3.763 $3,000 $6.763 $8.828 $15.01 MAN $15,501 a. Calculate The Greek Connection's nel working capital in 2018 The net working capital is $thousand (Round to the nearest integer) b. Calculate the cash conversion cycle of The Greek Connection in 2018 The cash conversion cycle is days. (Round to one decimal place) c. The industry average accounts receivable days is 30 days. What would have been the cash conversion cycle for The Greek Connection in 2018 had met the industry average for accounts receivable days? Had they met the industry average accounts receivable days of 30 days, the coc would have been days (Round to one decimal place)

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