The following table shows income statement and balance sheet data for five U.S. industries in 2015. Calculate
Question:
The following table shows income statement and balance sheet data for five U.S. industries in 2015. Calculate the cash cycle for each industry.
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INCOME STATEMENT AND BALANCE SHEET DATA (Figures in $ millions) Oil Computers and Food Food Pharmaceuticals and Coal Peripherals Stores Income Statement Data: Sales Cost of goods sold Balance Sheet Data: Inventory Accounts receivable Accounts payable $463.7 439.8 $676.7 $396.8 328.9 $1,049.2 990.6 $206.1 166.3 614.2 $64.1 41.8 $52.4 60.6 39.2 $49.5 73.2 76.3 $ 8.8 20.2 28.3 $25.1 5.7 21.6
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1259722615
9th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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