Question: Given the information in the table below: Sales for the Month (30 days) $ 872,877 Accounts Receivable Outstanding $ 287,967 Inventory Value $ 257,483 Cost
Given the information in the table below:
| Sales for the Month (30 days) | $ 872,877 |
| Accounts Receivable Outstanding | $ 287,967 |
| Inventory Value | $ 257,483 |
| Cost of Sales | 64 % |
| Accounts Payable Outstanding | $ 125,727 |
What is the Cash to Cash Cycle Time?
Answer to 2 decimal places.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
