Beauty Basics Inc. has an operating cycle of 95 days. Their accounts receivable balance is $480,000, and annual sales are $3.6 million. How many days does it take from when raw materials are received until the finished products are sold?

Beauty Basics Inc. has an operating cycle of 95 days. Their accounts receivable balance is $480,000, and annual sales are $3.6 million. How many days does it take from when raw materials are received until the finished products are sold?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter17: Activity Resource Usage Model And Tactical Decision Making

Section: Chapter Questions

Problem 6E: Elliott, Inc., has four salaried clerks to process purchase orders. Each clerk is paid a salary of...

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Need help with this accounting questions

Beauty Basics Inc. has an operating cycle of 95 days.
Their accounts receivable balance is $480,000, and
annual sales are $3.6 million. How many days does it
take from when raw materials are received until the
finished products are sold?

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