Ceramics, Inc. (CI), a company that manufactures bath tiles, is interested in measuring inventory effectiveness. Last year the cost of goods sold at CI was $200,000 on sales of $250,000. The average inventory in dollars was $12,000. At the end of the year, CI had outstanding receivables of $30,000 and payables of $20,000.What is the cash-to-cash cycle time at CI
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Ceramics, Inc. (CI), a company that manufactures bath tiles, is interested in measuring inventory ef...
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