Newco had a Net Profit Margin of 40% and an Inventory Turnover Ratio of 5. The Net

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Newco had a Net Profit Margin of 40% and an Inventory Turnover Ratio of 5.

The Net Income was $800,000,

Cost of Goods Sold was $1,000,000,

Payables were $220,000 and

Receivables were $350,000.

What is the cash conversion cycle?

Related Book For answer-question

Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Posted Date: Mar 04, 2024 02:20 PM

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Newco had a Net Profit Margin of 40% and an Inventory Turnover Ratio of 5. The Net

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To calculate the cash conversion cycle we need to consider the Inventory Turnover Ratio and the Days ... View the full answer

Fundamentals Of Corporate Finance

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