honwismun1127

08.07.2020 • 

Business

Current Year Prior Year Accounts payable, end of year $7,203 $11,148
Accounts receivable, net, end of year 25,285 17,506
Inventory, end of year 9,504 8,855
Net sales 181,000 133,000
Cost of goods sold 91,000 120,000
1) Use the information above to compute the number of days in the cash conversion cycle for each year.
2) Did the company manage cash more effectively in the current year?

Ответ:

babyskitt

15.08.2020

Business

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$1.60 is the answer you are looking for.
.$80*2= $.160

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