Question: 2. Cash-to-Cash Cycle Time Problem - 10 points PT. Manoppo Kopi Nusantara (PT. MKN) produces green coffee bean. The company has found it increasingly difficult

2. Cash-to-Cash Cycle Time Problem - 10 points

2. Cash-to-Cash Cycle Time Problem - 10 points PT. Manoppo Kopi Nusantara (PT. MKN) produces green coffee bean. The company has found it increasingly difficult to keep accurate inventory and cash flows. Data: Sales over last 30 days Accounts receivable at the end of the month Inventory value at the end of the month Cost of sales = 62 percent of total sales Accounts payable at the end of the month = $4,560,000,- = $487,250,- = $876,000,- = $556,000,- Calculate current cash-to-cash cycle for PT. MKN. (10 points)

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