Salim Industries had sales of $992 million and a cost of goods sold of $540 million...

 

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Salim Industries had sales of $992 million and a cost of goods sold of $540 million in 202X A simplified balance sheet for the firm appears below: Assets Cash Accounts receivable Inventory Total current assets Net plant, property, and equipment Total assets Salim Industries Balance Sheet As of December 31, 202X (millions of dollars) 45 125 290 460 4100 4560 Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long term debt Total liabilities Common equity Total liabilities and equity 90 425 65 580 2925 3505 1055 4560 a. Calculate Salim's Days Inventory Held b. Calculate Salim's Days Sales Outstanding c. Calculate Salim's Days Payable Outstanding d. Calculate Salim's cash conversion cycle For the t Salim Industries had sales of $992 million and a cost of goods sold of $540 million in 202X A simplified balance sheet for the firm appears below: Assets Cash Accounts receivable Inventory Total current assets Net plant, property, and equipment Total assets Salim Industries Balance Sheet As of December 31, 202X (millions of dollars) 45 125 290 460 4100 4560 Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long term debt Total liabilities Common equity Total liabilities and equity 90 425 65 580 2925 3505 1055 4560 a. Calculate Salim's Days Inventory Held b. Calculate Salim's Days Sales Outstanding c. Calculate Salim's Days Payable Outstanding d. Calculate Salim's cash conversion cycle For the t

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