The short term financial position of Durable Plastic Goods factory comprises the following information: a. Accounts...
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The short term financial position of Durable Plastic Goods factory comprises the following information: a. Accounts Payable: Tk.6000 b. Annual Credit sales: Tk.500000 c. Annual Credit purchase: Tk.350000 d. Receivables: Tk.50000 e. Inventory: Tk.80000 f. Cost of Goods Sold: Tk.400000 Draw the Cash Conversion Cycle in terms of days. The short term financial position of Durable Plastic Goods factory comprises the following information: a. Accounts Payable: Tk.6000 b. Annual Credit sales: Tk.500000 c. Annual Credit purchase: Tk.350000 d. Receivables: Tk.50000 e. Inventory: Tk.80000 f. Cost of Goods Sold: Tk.400000 Draw the Cash Conversion Cycle in terms of days.
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Cash Conversion Cycle Days Inventory Outstanding Days Sales Outstanding Days Payable Outstan... View the full answer
Related Book For
Financial Accounting Information for Decisions
ISBN: 978-1259533006
8th edition
Authors: John J. Wild
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