Cash conversion cycle Data Item Inventory AR AP Sales CGS Computations Average daily sales Average cost...

  

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Cash conversion cycle Data Item Inventory AR AP Sales CGS Computations Average daily sales Average cost of goods sold Receivable turn Inventory turn Payable turn Beginning AAI DSO = ACP APP Operating cycle Cash conversion cycle 5000 3000 3000 Ending 1000 9000 1000 36000 18000 Average 3000 6000 2000 dollars dollars days days days days days Explanation: (Please include original data from Morningstar com so that I can see you are actually using a real firm.) Cash conversion cycle Data Item Inventory AR AP Sales CGS Computations Average daily sales Average cost of goods sold Receivable turn Inventory turn Payable turn Beginning AAI DSO = ACP APP Operating cycle Cash conversion cycle 5000 3000 3000 Ending 1000 9000 1000 36000 18000 Average 3000 6000 2000 dollars dollars days days days days days Explanation: (Please include original data from Morningstar com so that I can see you are actually using a real firm.)

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Inventory Beginning Inventory 5000 Ending Inventory 6000 Average Daily Sales Average daily sales is calculated by taking the total sales over a period of time and dividing it by the number of days in ... View the full answer