Sunnybrook Electronics has the following information for its operations: • Average Age of Inventory 120 days = • Average Age of Accounts Payable = 80 days • Average Age of Accounts Receivable = 70 days What is Sunnybrook Electronics' cash flow cycle?
Sunnybrook Electronics has the following information for its operations: • Average Age of Inventory 120 days = • Average Age of Accounts Payable = 80 days • Average Age of Accounts Receivable = 70 days What is Sunnybrook Electronics' cash flow cycle?
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 10P
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Financial Accounting Question

Transcribed Image Text:Sunnybrook Electronics has the following information for its
operations:
•
Average Age of Inventory 120 days
=
•
Average Age of Accounts Payable = 80 days
•
Average Age of Accounts Receivable = 70 days
What is Sunnybrook Electronics' cash flow cycle?
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