Your firm has a cash conversion cycle of 170 days; a sale to cash conversion...

70.2K

Verified Solution

Question

Accounting

Your firm has a cash conversion cycle of 170 days; a sale to cash conversion period of 70 days; and purchase to payment conversion period of 50 days. Find the value of the inventory-to-sale conversion period of the firm.

Please show all calculations and the formulas used as i cannot figure this out myself

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