Question: Tutorial 11 1) Harris Electronics is evaluating its cash conversion cycle and has estimated each of its components as follows: Days sales outstanding = 38

 Tutorial 11 1) Harris Electronics is evaluating its cash conversion cycle

Tutorial 11 1) Harris Electronics is evaluating its cash conversion cycle and has estimated each of its components as follows: Days sales outstanding = 38 days Days sales in inventory = 41 days Days payable in outstanding = 30 days. Calculate the firm's cash conversion cycle and give suggestion to improve the firm's cash conversion cycle

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