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The finance department has been directed to reduce the cash-to-cash cycle time to 24.2 days. You are the operations manager and need to adjust the
The finance department has been directed to reduce the cash-to-cash cycle time to 24.2 days.
You are the operations manager and need to adjust the COGS to achieve that goal. Given the following information, what must your COGS be?
Days in the period: 30
Sales: $3020000
AR: $5400000
AP: $4990000
Inventory: $3900000
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