Prestige Company has determined the following information for its recent fiscal year. Days inventory outstanding 34.2 days
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Question:
Prestige Company has determined the following information for its recent fiscal year.
Days inventory outstanding | 34.2 | days |
Days payable outstanding | 45.4 | days |
Days sales outstanding | 73 | days |
Compute Prestige Company's cash conversion cycle.
Related Book For
Management Accounting
ISBN: 9780077185534
6th Edition
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
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