Question: Fobius Corp. is working to minmizing its working copital. A prolirrinary report shows that Robius has 43.55 days of sales outstanding. 41.40 days of sales
Fobius Corp. is working to minmizing its working copital. A prolirrinary report shows that Robius has 43.55 days of sales outstanding. 41.40 days of sales in inventory, and 33.81 days of paryables cutatanding. How many days is Robius' cash conversion cycle? Round to two decimal places (Ex.000)
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