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In its 2019 annual report, Whirlpool Corporation reported that it had revenues of RM18.1 billion, cost of goods sold of
Posted: Thu May 19, 2022 7:01 am
by answerhappygod
- In Its 2019 Annual Report Whirlpool Corporation Reported That It Had Revenues Of Rm18 1 Billion Cost Of Goods Sold Of 1 (22.18 KiB) Viewed 55 times
In its 2019 annual report, Whirlpool Corporation reported that it had revenues of RM18.1 billion, cost of goods sold of RM15.2 billion, accounts receivable of RM2 billion, inventory of RM2.4 billion, and account payable of RM3.71 billion. (a) Calculate cash conversion cycle Whirlpool Corporation (assuming a 365-day year). (6 marks) (b) Draw a timeline for Whirlpool's operating cycle and cash conversion cycle. (4 marks)