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Income statement data: sales $ 5,000 cost of goods sold 4,200 balance sheet data: inventory $ 550 accounts receivable 110 accounts payable 270 calculate the accounts receivable period, accounts payable period, inventory period, and cash conversion cycle for the above firm: (use 365 days in a year. do not round intermediate calculations. round your answers to 1 decimal place.) a. accounts receivable period days b. accounts payable period days c. inventory period days d. cash conversion cycle days
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Income statement data: sales $ 5,000 cost of goods sold 4,200 balance sheet data: inventory $ 550...
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