Considering the following information, calculate the cash conversion cycle. There are 365 days in a year. A/R $ 25,000 Inventories $ 50,000 A/P $ 30,000 Accruals $ 10,000 Bank Loan $ 45,000 Net Sales $ 500,000 COGS $ 200,000 36.5 days. 73 days. 18.25 days. 91.25 days. -73 days. -45 days.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Considering the following information, calculate the cash conversion cycle. There are 365 days in a year.
A/R
$
25,000
Inventories
$
50,000
A/P
$
30,000
Accruals
$ 10,000
Bank Loan
$ 45,000
Net Sales
$ 500,000
COGS
$ 200,000
36.5 days.
73 days.
18.25 days.
91.25 days.
-73 days.
-45 days.
Transcribed Image Text:Considering the following information, calculate the cash conversion cycle. There are 365 days in a year. A/R $ 25,000 Inventories $ 50,000 A/P $ 30,000 Accruals $ 10,000 Bank Loan $ 45,000 Net Sales $ 500,000 COGS $ 200,000 36.5 days. 73 days. 18.25 days. 91.25 days. -73 days. -45 days.
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