You have annual sales = $ 348,650, cost of goods sold = $ 264,152, average inventory = $ 33,685, average payables = $ 28

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answerhappygod
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You have annual sales = $ 348,650, cost of goods sold = $ 264,152, average inventory = $ 33,685, average payables = $ 28

Post by answerhappygod »

You have annual sales = $ 348,650, cost of goods sold = $
264,152, average inventory = $ 33,685, average payables = $ 28,090,
and average receivables = $ 2,840. Your cash conversion cycle
is:
Select one: a. 84 days b. 9 days c. 81 days d. 124 days e. 5
days
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