Calculate the firm's cash conversion cycle given annual sales are $660,000 and cost of goods represent 80%

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Calculate the firm's cash conversion cycle given annual sales are $660,000 and cost of goods represent 80% of sales. Assume a 365-day year.

Days sales outstanding (365-day basis)	45.63	32.00
Inventory turnover	10.80	20.00

Posted Date: May 11, 2024 01:53 AM

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Calculate the firm's cash conversion cycle given annual sales are $660,000 and cost of goods represent 80%

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