Assume that Ahmed cement company is starting in business, buying devices from a manufacturer in Austria and

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Assume that Ahmed cement company is starting in business, buying devices from a manufacturer in Austria and selling them through distributors all over world. The business plan calls for it to purchase 150 Million of merchandise at the start of each month and have it sold within 50 days. The company will have 40 days to pay its suppliers, and it will give its customers 60 days to pay for their purchases. Calculate cash conversion cycle for Ahmed cement company?

Posted Date: May 18, 2024 12:17 PM

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Assume that Ahmed cement company is starting in business, buying devices from a manufacturer in Austria and

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