In fiscal 2012 and 2013, Caterpillar's financial statements included the following items. What was Caterpillar's cash cycle?
Question:
In fiscal 2012 and 2013, Caterpillar's financial statements included the following items. What was Caterpillar's cash cycle?
$ Millions
2012 2013
Inventory.....................$15,547..............$12,625
Receivables ...................20,113................18,729
Payables........................14,969................ 14,417
Sales...........................65,875................ 55,656
Cost of goods sold..........47,852................. 41,454
Financial StatementsFinancial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Inventory period 15547 41454 365 13689 da...View the full answer
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Related Book For 
Principles of Corporate Finance
ISBN: 978-1259144387
12th edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen
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