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Business, 31.12.2019 04:31 kirbymichellrow6zq9
Shulman inc. has the following data, in thousands. assuming a 365-day year, what is the firm's cash conversion cycle?
annual sales = $45,000
annual cost of goods sold = $30,000
inventory = $4,500
accounts receivable = $1,800
accounts payable = $2,500
a. 28 days
b. 32 days
c. 35 days
d. 39 days
e. 43 days
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Answers: 3
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Shulman inc. has the following data, in thousands. assuming a 365-day year, what is the firm's cash...
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