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The short term financial position of Durable Plastic Goods factory comprises the following information: a. Accounts Payable: Tk.6000 b. Annual Credit sales: Tk.500000 c.

 

The short term financial position of Durable Plastic Goods factory comprises the following information: a. Accounts Payable: Tk.6000 b. Annual Credit sales: Tk.500000 c. Annual Credit purchase: Tk.350000 d. Receivables: Tk.50000 e. Inventory: Tk.80000 f. Cost of Goods Sold: Tk.400000 Draw the Cash Conversion Cycle in terms of days.

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