Question: 1) Calculate 20x2 Inventory Days Round answer to ONE decimal For example, 20x1 inventory days is 100.2747 but rounded to 100.3. Revenues Cost of goods
1) Calculate 20x2 Inventory Days Round answer to ONE decimal For example, 20x1 inventory days is 100.2747 but rounded to 100.3. Revenues Cost of goods sold Gross profit Selling, general & admin. expense Operating profit 20x1 $4,125 2,457 1,668 1,070 $598 20x2 $4,240 2,515 1,725 1,122 $603 20x3 $4,452 2,650 1,802 1,124 $678 Accounts receivable Inventory Accounts payable $495 675 $387 $493 713 $372 $455 710 $411 Sales % growth EBIT Margin NA 14.5% 2.8% 15.2% Accounts Receivable Days Inventory Days Accounts Payable Days Cash Conversion Cycle 100.3 57.5 86.6 42.4 ??? 54.0 91.9 37.3 97.8 56.6 OA 97.8 B. Not listed c. 32.0 0.61.4
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