Dewey Corporation has the following data, in thousands. Assuming a 365-day year | onlineprowriters.com | essaywriters4life.com

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Dewey Corporation has the following data, in thousands. Assuming a 365-day year

Dewey Corporation has the following data, in thousands. Assuming a 365-day year | onlineprowriters.com

Dewey Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm’s cash conversion cycle?

Annual sales = $55,000
Annual cost of goods sold = $38,500
Inventory = $4,000
Accounts receivable = $2,000
Accounts payable = $2,400

Answer
36 days
21 days
28 days
27 days
24 days

 

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Dewey Corporation has the following data, in thousands. Assuming a 365-day year was first posted on June 20, 2020 at 8:31 am.
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Dewey Corporation has the following data, in thousands. Assuming a 365-day year was first posted on June 20, 2020 at 4:31 am.
©2020 “My Assignment Geek”. Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at savvyessaywriters@gmail.com

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