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Questions 1. O 2. O 3. O If you see the following formula, what is being measured? Accounts payable Cost of goods sold + 365
Questions 1. O 2. O 3. O If you see the following formula, what is being measured? Accounts payable Cost of goods sold + 365 days O a. Annual cost of goods sold margin O b. Days in payables O c. Average cost of goods sold per day O d. Annual payable interest rateIf you see the following formula, what is being measured? Days in inventory + Days in sales outstanding - Days in payable O a. Working capital cycle 0 b. Working capital conversion period 0 c. Cash conversion recycle 0 d. Cash conversion period
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