Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. company a's for 2018 had $47,643.45m in sales, $34

Company A's for 2018 had $47,643.45M in Sales, $34,739.99M Costs of Goods Sold. The Inventory...

70.2K

Verified Solution

Question

Finance

Company A's for 2018 had $47,643.45M in Sales, $34,739.99M Costs of Goods Sold. The Inventory and Accounts Payable were $2,618.35M and $13,959.68M respectively. What should be the value for Accounts Receivables in order to have a Cash Conversion Cycle of 18 days?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Please answer all questions. Which of the following types of transporters would be utilized to move two...

Biology
1.2K views

Can I have eight to ten sentences (paragraph form) describing of the Vitis aestivalis (summer grape)...

Physics
1.2K views

Givens: Altitude: FL310 (31,000 ft Pressure Altitude) Indicated Airspeed: 250 KIAS Indicated Outside Air Temperature (IOAT) or Total...

Finance
1.2K views

Rieger International is evaluating the feasibility of investing ?$90,000 in a piece of equipment that has a 55?-year life. The...

Basic Math
1.2K views

18 Which of the following substances will make an acid base reaction with NaOH OA...

Basic Math
1.2K views

Use the properties of logarithms to write the expression as a single logarithm. Assume that...

Algebra
1.2K views

Car license plates in Brittany PA consist of 3 different letters in the range A...

Algebra
1.2K views

Calculate the average rate of change of f x x 5 on the interval 4...

Accounting
1.2K views

Which type of dam is constructed using earth materials? A) Gravity dam ...

Accounting
1.2K views

Q.1.a) Question 1 Fresh Air Products manufactures and sells a variety...

Accounting
1.2K views

The Spill BP 1. What is the cost of other stakeholders in society beyong those...

Accounting
1.2K views

Una empresa emiti bonos convertibles con un valor a la par de $1,000,000, recibiendo $1,200,000....