Question
Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days 2015 2014 Days sales outstanding 25.7 19.3 Days inventory outstanding 47.3 49.1
Winnebago Industries has the following metrics for 2015 and 2014.
Amounts in days 2015 2014 Days sales outstanding 25.7 19.3 Days inventory outstanding 47.3 49.1 Days payable outstanding 13.9 13.3
Compute the cash conversion cycle for both years.
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
3rd edition
9780077506902, 78025540, 77506901, 978-0078025549
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