From the financial information below please deeply explain relationship in 3 factors in term of cash cycle
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From the financial information below please deeply explain relationship in 3 factors in term of cash cycle and please summarize the financial situation which related to these 3 factors only in year 2020.
ABD Co.: Financial information | 2018 | 2019 | 2020 | ||||
Inventories turnover(times) | 3.99 | 4.83 | 4.89 | ||||
Accounts receivable turnover(times) | 6.48 | 5.89 | 5.15 | ||||
Accounts payable turnover(times) | 11.22 | 12.01 | 10.96 |
Related Book For
Financial management theory and practice
ISBN: 978-0324422696
12th Edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
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