Question: Question 9 Determine the Cash to Cash Cycle time based on the following information: Sales over the last 2 0 days = $ 6 0

Question 9
Determine the Cash to Cash Cycle time based on the following information:
Sales over the last 20 days =$600,000
Accounts Receivable at the end of the month: $100,000
Inventory Value at the end of the month: $120,000
Cost of Sales =65% of the total sales
Accounts Payable at the end of the month: $80,000
Answer:Blank 1
BLANK-1 options:
-$5,175+-100
-$3,300+-100
-250.45+-10
-28 days
-71 units+?2 units
-2729 units+?10 units
-11.56 days +I0.5 days
-5.38 days +I0.5 days
Question 9 Determine the Cash to Cash Cycle time

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