If days inventory for Forever20 retail outlet was 47 days and days creditors was 39 days, calculate

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If days inventory for Forever20 retail outlet was 47 days and days creditors was 39 days, calculate what the cash cycle would be if credit sales for a year amounted to $45 000andthe average trade debtors balance at the end of the year was $18 000.
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Accounting Business Reporting For Decision Making

ISBN: 9780730302414

4th Edition

Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver

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