Question: anyone know how to do it A B C D F G H 1 2 3 4 5 Your consulting firm was recently hired to
anyone know how to do it
A B C D F G H 1 2 3 4 5 Your consulting firm was recently hired to improve the performance of Wrangler, which has been experiencing cash shortages due to its high growth rate. You want to determine the firm's cash conversion cycle. Using the following information and a 365-day year, what is the firm's present cash conversion cycle? 6 7 8 9 10 11 12 13 14 15 Average inventory $100,000 Annual sales $600,000 Annual cost of goods sold $425,000 Average accounts receivable $170,000 Average accounts payable $25,000 16 17 18 19 20 ACP/DSO ICP PDP 21
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