Question: An enterprise is having difficulty in managing its working capital fluently. If you are the Finance Executive, you were given the following data for analysis

An enterprise is having difficulty in managing its working capital fluently.

An enterprise is having difficulty in managing its working capital fluently. If you are the Finance Executive, you were given the following data for analysis purposes before taking any action to deal with this issue. Given: AR collection=50days after credit sales, average cost of goods-rm1000 00, closing inventory=rm 30000 What is the cash conversion cycle (CCC) for this enterprise and with explanation

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