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Business, 01.12.2020 16:40 natajaeecarr
The Dewey Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle?
Annual sales =
Annual cost of goods sold =
Inventory =
Accounts receivable =
Accounts payable = $45,000
$31,500
$4,000
$2,000
$2,400
a. 25 days
b. 28 days
c. 31 days
d. 35 days
e. 38 days
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The Dewey Corporation has the following data, in thousands. Assuming a 365-day year, what is the fir...
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