Business, 06.05.2020 00:38, kluckey3426
Winston Inc. is trying to determine the effect of its inventory turnover ratio and days sales outstanding on its cash conversion cycle. Winston's 2015 sales (all on credit) were $116,000 and its cost of goods sold was 75% of sales. It turned over its inventory 8.67 times during the year. Its receivables balance at the end of the year was $13,111.82 and its payables balance at the end of the year was $7,410.15. Using this information calculate the firm's cash conversion cycle. Do not intermediate calculations. Round your answer to the nearest whole number.
Answers: 1
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The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations. product manufacturing. product innovation. process manufacturing.
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In his speech on varying explanations of how the earth came into existence, eduardo begins with opinions, moves to inferences, and uses scientific facts in support of his last point. what principle of supporting material organization is eduardo utilizing in his speech?
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Winston Inc. is trying to determine the effect of its inventory turnover ratio and days sales outsta...
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