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The following information is from a firms 2019 income statement and balance sheet. Use it to calculate the Cash Conversion Cycle (CCC). How do you
The following information is from a firms 2019 income statement and balance sheet. Use it to calculate the Cash Conversion Cycle (CCC). How do you interpret the CCC?
Sales: $300,000
Cost of Goods Sold: $150,000
Accounts Receivable: $20,000
Inventory: $5,000
Accounts Payable: $35,000
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