Cash conversion cycle- need answer Suppose that Dunn Industries has annual sales of $4.05 million, cost of goods sold of average inventory of and average accounts receivable of $710,000. Assume that all of Dunn's sales are on credit. What will be the $1,610,000, $1,076,000, firm's operating cycle? Round your Answer.
Cash conversion cycle- need answer Suppose that Dunn Industries has annual sales of $4.05 million, cost of goods sold of average inventory of and average accounts receivable of $710,000. Assume that all of Dunn's sales are on credit. What will be the $1,610,000, $1,076,000, firm's operating cycle? Round your Answer.
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 11P
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Transcribed Image Text:Cash conversion cycle- need answer
Suppose that Dunn Industries has annual
sales of $4.05 million, cost of goods sold of
average inventory of
and average accounts
receivable of $710,000. Assume that all of
Dunn's sales are on credit. What will be the
$1,610,000,
$1,076,000,
firm's operating cycle? Round your Answer.
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