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QUESTION 19 Paul Horn is the purchasing manager for the headquarters of a large insurance...

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Accounting

QUESTION 19 Paul Horn is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation at Horn Inc. This firm turns its inventory 20 times annualy, its accounts receivable 25 times annually and its accounts payable 50 times annualy. If Horn Inc. is open for business 365 days per year, what is their Cash to Cash conversion cycle and do they have a self-funded value chain? Cash-to-Cash Conversion Cycle is = +25.55 and their Value Chain is Self-Funded
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annualy its accounte recelvable 25 times onnually and its accounts payable 50 imes annaly. if Hoen inc. is open for business 365 days per year, wat is their Cash to Cash converion cycle and do they have a self funded volue chain

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