Hudson Technologies has annual sales of $5.25 million, cost of goods sold of $2,050,000, average inventory of $1,200,000, and average accounts receivable of $860,000. Assume that all of Hudson's sales are on credit. What will be the firm's operating cycle?
Hudson Technologies has annual sales of $5.25 million, cost of goods sold of $2,050,000, average inventory of $1,200,000, and average accounts receivable of $860,000. Assume that all of Hudson's sales are on credit. What will be the firm's operating cycle?
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 11P
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What will be the firm's operating cycle on these financial accounting question?
Transcribed Image Text:Hudson Technologies has annual sales of $5.25
million, cost of goods sold of $2,050,000, average
inventory of $1,200,000, and average accounts
receivable of $860,000. Assume that all of
Hudson's sales are on credit. What will be the
firm's operating cycle?
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