Question: Cash Conversion Cycle 7. Cash conversion cycle Aa Aa RTE Telecom Inc. is a mature firm that has a stable flow of business. The following

Cash Conversion Cycle

Cash Conversion Cycle 7. Cash conversion cycle Aa Aa RTE Telecom Inc.

is a mature firm that has a stable flow of business. The

following data were taken from its financial statements last year. Annual sales

7. Cash conversion cycle Aa Aa RTE Telecom Inc. is a mature firm that has a stable flow of business. The following data were taken from its financial statements last year. Annual sales Cost of goods sold Inventory Accounts receivable Accounts payable $30.0 mlion $24.0 million $3.2 million $2.3 million $2.7 million

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