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Solve the following case Topple Co has the following figures planned for its first year of operations: 1 . Sales $ 3 , 6 0
Solve the following case
Topple Co has the following figures planned for its first year of operations:
Sales $
Shopping expenses $
Average receivables $
Average inventory $
Average accounts payable $
Average overdraft $
Gross profit margin
Average industry data
Inventory days
Accounts receivable on the rd
Days to be paid
Circulating reason
Suppose there are days in the year.
Calculate and comment on the cash operating cycle, the current index, the quick index and the working capital sales index of Topple Co
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