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Fine Furniture, Inc. produces design furniture. The company has got the below statements. Please, calculate...

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Finance

Fine Furniture, Inc. produces design furniture. The company has got the below statements. Please, calculate the Days of Sales Outstanding, the Days of Sales in Inventories, the Days of Payable Outstanding, and the complete Cash Conversion Cycle.

Balance Sheet

2.020

2.021

Cash

16

17

Accounts Receivable

220

327

Inventories

642

752

Gross Fixed Assets

1.400

1.769

Acc. Depreciation

200

350

Net Fixed Assets

1.200

1.419

Total Net Assets

2.078

2.515

Accounts Payable

602

712

Short-Term Debt

140

184

Long-Term Debt

586

792

Equity

750

827

Total Liabilities

2.078

2.515

P&L

2.020

2.021

Sales

2.200

COGS

1.150

Operating Expenditure

750

Depreciation

150

EBIT

150

Interests

21

EBT

129

Taxes

52

Net Income

77

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