Operating and Cash Conversion Cycles. Calculate the trade receivables period, trade payable periods, inventory period,...
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Accounting
Operating and Cash Conversion Cycles. Calculate the trade receivables period, trade payable periods, inventory period, operating cycle, and cash conversion cycle for the following firm: Please show work
Income statement data:
Sales 5,000
Cost of goods sold 4,200
Balance Sheet Data:
|
| Beginning of Year | End of Year |
| Inventory | 500 | 600 |
| Trade receivables | 100 | 120 |
| Trade Payables | 250 | 290 |
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