Problem B: Cash Conversion Cycle ABC Corporation has P5,000,000 in inventory and P2,000,000 in accounts receivable. Its average daily sales are P100,000. The company has P1,500,000 in accounts payable. Its average daily purchases are P50,000. Required: 4. Days inventory outstanding (*Note: Because cost of sales is not available, you may use sales as alternative.) 5. Days receivable outstanding 6. Days it takes to convert inventory to cash

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A: Cash conversion cycle is the time period that the company takes to convert its inventory into cash.…

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A: SOLUTION 1 ) To calculate the cash conversion cycle (CCC) for each year, we need to determine the…

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Q: Bramble Corporation had net credit sales of $14100000 and cost of goods sold of $9370000 for the…

A: Here, Net Credit Sales is $14100000 Cost of Goods Sold is $9370000 Average Inventory is $1171250

Q: Bramble Corporation had net credit sales of $14100000 and cost of goods sold of $9370000 for the…

A: Here, Net Credit Sales is $14100000 Cost of Goods Sold is $9370000 Average Inventory is $1171250

Q: solve for quater only

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A: Here, Net Credit Sales is $14100000 Cost of Goods Sold is $9370000 Average Inventory is $1171250

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Q: Bramble Corporation had net credit sales of $14100000 and cost of goods sold of $9370000 for the…

A: Here, Net Credit Sales is $14100000 Cost of Goods Sold is $9370000 Average Inventory is $1171250

Q: Bramble Corporation had net credit sales of $14100000 and cost of goods sold of $9370000 for the…

A: Here, Net Credit Sales is $14100000 Cost of Goods Sold is $9370000 Average Inventory is $1171250

Q: Bramble Corporation had net credit sales of $14100000 and cost of goods sold of $9370000 for the…

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