Question
Trade receivables $ 200,000 Revenue 1,500,000 Inventories 100,000 Cash flow from operations 150,000 Trade and other payables 100,000 Cash conversion efficiency is ________________________ .
Trade receivables $ 200,000
Revenue 1,500,000
Inventories 100,000
Cash flow from operations 150,000
Trade and other payables 100,000
Cash conversion efficiency is ________________________ .
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Solution Cash conversion efficiency is a measure of effec...
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Financial Accounting an introduction to concepts, methods and uses
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
13th Edition
978-0538776080, 324651147, 538776080, 9780324651140, 978-0324789003
