1. The following information has been calculated for ABC Co: 52 days 42 days Trade receivables collection period Raw material inventory turnover period Work in progress inventory turnover period 30 days Trade payables payment period Finished goods inventory turnover period 45 days 66 days What is the length of the net operating cycle?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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1. The following information has been calculated for ABC Co:
52 days
42 days
Trade receivables collection period
Raw material inventory turnover period
Work in progress inventory turnover period 30 days
Trade payables payment period
Finished goods inventory turnover period 45 days
66 days
What is the length of the net operating cycle?
Transcribed Image Text:1. The following information has been calculated for ABC Co: 52 days 42 days Trade receivables collection period Raw material inventory turnover period Work in progress inventory turnover period 30 days Trade payables payment period Finished goods inventory turnover period 45 days 66 days What is the length of the net operating cycle?
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