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Questions 1). Calculate the cash conversion cycle of the two companies below! 2). Explain the results of your analysis and explain your conclusions! PT PT
Questions
1). Calculate the cash conversion cycle of the two companies below!
2). Explain the results of your analysis and explain your conclusions!
PT PT Cash Conversion Cycle Calculation Cash Conversion Cycle Calculation ABC DEF 1,455,000 2,500,000 Annual Sales Cosf of goods sold 65% of Annual Sales Cosf of goods sold 70% of sales sales 325,000 600,000 Inventory Account receivable Inventory Account receivable 400,000 625,000 Account payable 170,000 Account payable 235,000
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