Homework Help is Here – Start Your Trial Now!
Business
Accounting
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.

Corporate Fin Focused Approach
Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 11P
See similar textbooks
icon
Related questions
Question

Need answer Of accounting prblm

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.
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.
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer