Question
The Jones Company has a $ 5,000,000 Total Working Capital requirement during interim periods. This requirement is funded by external financiers and the daily Working
The Jones Company has a $ 5,000,000 Total Working Capital requirement during interim periods. This requirement is funded by external financiers and the daily Working Capital requirement is $ 250,000. Given these facts, calculate the CCC for the Jones Company.
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
3rd Edition
0324232624, 9780324232622
