Question: answer asap Use the information below to answer question: Annual Sales $5,000,000 Total Cost of Goods Sold $2,500,000 Inventory on Average $700,000 Accounts Receivable on
Use the information below to answer question: Annual Sales $5,000,000 Total Cost of Goods Sold $2,500,000 Inventory on Average $700,000 Accounts Receivable on Average $300.000 Accounts Payable on Average $250.000 What is the company's cash conversion cycle? 51.82 days 87.6 days 670 days 76.65 days
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
