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September 20, 2014

Homework Help: Finance

Posted by Kenny on Tuesday, March 22, 2011 at 9:30pm.

Calculate the accounts receivable period, accounts payable period, inventory period, and cash conversion cycle for the following firm:
Income statement data:
Sales 5,000
Cost of goods sold 4,200
Balance Sheet Data:
Beginning of Year End of Year
Inventory 500 600
Accounts Receivable 100 120
Accounts Payable 250 290

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