Use the data for Seacrest Services from exercise 11 15A In
Use the data for Seacrest Services from exercise 11-15A.
In 11-15A. The income statement and additional data of Seacrest Services, Inc., follow:


Requirements
1. Calculate the cash conversion cycle for Seacrest Services. Round all calculations to two decimal places. Assume all sales on credit.
2. Comment on Seacrest Services’ cash conversion cycle assuming that it was 75.64 days for the prioryear.
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help