Company A's for 2018 had $48986.04M in Sales, $34984.49M Cost of Goods Sold. The Account Receivable...
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Company A's for 2018 had $48986.04M in Sales, $34984.49M Cost of Goods Sold. The Account Receivable was $5926.40M. Finally, the Inventory and Accounts Payable were $3403.45M and $13989.39M respectively. Use the information to compute the company's A cash conversion cycle. NOTE: Provide your answer with 2 decimals. If your computation is 35.3778, you must answer 35.38 Company A's for 2018 had $48986.04M in Sales, $34984.49M Cost of Goods Sold. The Account Receivable was $5926.40M. Finally, the Inventory and Accounts Payable were $3403.45M and $13989.39M respectively. Use the information to compute the company's A cash conversion cycle. NOTE: Provide your answer with 2 decimals. If your computation is 35.3778, you must answer 35.38
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Answer rating: 100% (QA)
The cash conversion cycle CCC can be calculated using the following formula CCC Days Invento... View the full answer
Related Book For
Federal Taxation 2021 Corporations, Partnerships, Estates & Trusts
ISBN: 9780135919460
34th Edition
Authors: Timothy J. Rupert, Kenneth E. Anderson, David S. Hulse
Posted Date:
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