The annual sales revenue of the store is $$4$ million. The annual cost of all the goods sold is $$3$ million.

The beginning inventory on January $01$ is $$0\mathrm{.}5$ million. The ending inventory on December $31$ is $$0\mathrm{.}3$ million.

The beginning accounts receivables on January $01$ is $$0\mathrm{.}2$ million. The ending accounts receivables on December $31$ is $$0\mathrm{.}1$ million.

The beginning accounts payables on January $01$ is $$0\mathrm{.}3$ million. The ending accounts payables on December $31$ is $$0$ million.

What are the Days of Inventory carried by the store?

What are the days of receivables?

What are the days of payables?

What is the cash to cash cycle?

Answer rating: 100% (QA)

To calculate the Days of Inventory DOI Days of Receivables DOR Days of Payables DOP and CashtoCash C... View the full answer