Evaluate the cash conversion cycle of the following companies: Company A Company B Inventory 152,000 64
Posted: Thu May 05, 2022 8:06 am
Evaluate the cash conversion cycle of the following companies:
Company
A
Company
B
Inventory
152,000
64,300
Sales
1,246,500
1,782,450
Cost of
Goods sold
650,300
485,000
Acc.
Receivables
256,400
489,700
Acc.
Payables
465,000
279,430
Company
A
Company
B
Inventory
152,000
64,300
Sales
1,246,500
1,782,450
Cost of
Goods sold
650,300
485,000
Acc.
Receivables
256,400
489,700
Acc.
Payables
465,000
279,430