Dewey Corporation has the following data. Assuming a 365-day year, what is the firm's cash conversion...
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Dewey Corporation has the following data. Assuming a 365-day year, what is the firm's cash conversion cycle? Annual sales $45,000 Annual cost of goods sold = $31,500 Inventory $4,000 Accounts receivable = $2,000 Accounts payable = $2,400 Dewey Corporation has the following data. Assuming a 365-day year, what is the firm's cash conversion cycle? Annual sales $45,000 Annual cost of goods sold = $31,500 Inventory $4,000 Accounts receivable = $2,000 Accounts payable = $2,400
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Related Book For
Fundamentals of Financial Management
ISBN: 978-0324272055
10th edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date:
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