A company has average inventory of $12 million and COGS of $16 million. Its average accounts receivable

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A company has average inventory of $12 million and COGS of $16 million. Its average accounts receivable is $2 million and it had $6 million in credit sales. Its average accounts payable is $3 million and it had $16 million in purchases. What is its CCC?

Posted Date: May 18, 2024 04:16 PM

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A company has average inventory of $12 million and COGS of $16 million. Its average accounts receivable

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