5.4 Determine the inventory period of MS Manufacturers from the information provided below. INFORMATION The debtors collection period of MS Manufacturers is 45 days. The creditors payment period is 30 days. The cash conversion cycle is 73 days.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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5.4
Determine the inventory period of MS Manufacturers from the information provided below.
INFORMATION
The debtors collection period of MS Manufacturers is 45 days. The creditors payment period is 30 days. The cash
conversion cycle is 73 days.
Transcribed Image Text:5.4 Determine the inventory period of MS Manufacturers from the information provided below. INFORMATION The debtors collection period of MS Manufacturers is 45 days. The creditors payment period is 30 days. The cash conversion cycle is 73 days.
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