please do it in 25 minutes please please urgently... I'll give you up thumb definitely...
60.1K
Verified Solution
Link Copied!
Question
Accounting
please do it in 25 minutes please please urgently... I'll give you up thumb definitely
a. 1.CoBid Pharma Ltd are analyzing about their cash collection cycle or CCC. The Boss has asked you to calculate the CCC. Accounts department has provided you with the following information. Average inventory was $285m, Cost of goods sold $1750m.In order to help calculate DSO you were provided the information that credit sales was $4785mil while Account receivable was $990mil.Finally for DPO you were given information that end period Accounts payable was $585m
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: Zin AI - Your personal assistant for all your inquiries!