A business has a current ratio of 2 Current assets consist of inventory of $10m and current liabilities of $15m The company gives on average 36 5 days credit to its customers Required Calculate the annual credit sales A business has a current ratio of 2 Current assets consist of inventory of $10m ...

Answer 15 million 2 75 million 75 million 365 20549 20549 365 749571 So the companys annual credit s ...

A business has a current ratio of 2. Current assets consist of inventory of $10m and...

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Organizational Behaviour Concepts Controversies Applications

ISBN: 978-0132310314

6th Canadian Edition

Authors: Nancy Langton,Stephen P. Robbins, Timothy A. Judge, Katherine Breward

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A business has a current ratio of 2. Current assets consist of inventory of $10m and...

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Answer 15 million 2 75 million 75 million 365 20549 20549 365 749571 So the companys annual credit s... View the full answer

Organizational Behaviour Concepts Controversies Applications

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