Question: Your manager at Nass Corp. asks you to compute the firm's cash conversion cycle )at financial statementsyou that the average inventory for the year was
Your manager at Nass Corp. asks you to compute the firm's cash conversion cycle )at financial statementsyou that the average inventory for the year was 126.300, accounts receivable was 97,900 , and accounts payable were at 115,000. You also that the company had credit sales of 324,000 and that cost of goods sold wa 282.000. What is the Nass' CCC ?
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