Malloch industries has the following financial information. Assume there are 365 days in a year. Sales...

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Malloch industries has the following financial information. Assume there are 365 days in a year. Sales $100000 Cost of goods sold $85000 Accounts receivable $35000 Inventory $15000 Accounts payable $35000 1. What is its inventory days? days (Please round to two decimal places) 2. What is its account receivable days? days (Please round to two decimal places) 3. What is its account payable days? days (Please round to two decimal places) 4. What is its cash conversion cycle? days (Please round to two decimal places) Malloch industries has the following financial information. Assume there are 365 days in a year. Sales $100000 Cost of goods sold $85000 Accounts receivable $35000 Inventory $15000 Accounts payable $35000 1. What is its inventory days? days (Please round to two decimal places) 2. What is its account receivable days? days (Please round to two decimal places) 3. What is its account payable days? days (Please round to two decimal places) 4. What is its cash conversion cycle? days (Please round to two decimal places)

Answer rating: 100% (QA)

To calculate these financial metrics you can use the following formulas 1 Inventory Days ID ID ... View the full answer