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Sales = 124,000 Cost of good sold = 75% Inventory Turnover ration = 8.97x Receivable = 13,131.76 Payable = 7398.84 What is the cash conversion
Sales = 124,000
Cost of good sold = 75%
Inventory Turnover ration = 8.97x
Receivable = 13,131.76
Payable = 7398.84
What is the cash conversion cycle?
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