The COGS of a company is 600,000. Opening inventory is 15,000 and the closing inventory is 85,000. Particular 2018 Annual Credit Sales 500,000 Annual credit purchases 300,000 Creditors in the beginning 65000 Creditors at the end 45000 Debtors in the beginning 80,000 Debtors at the end 100,000 You are requested to calculate the cash conversion cycle

The COGS of a company is 600,000. Opening inventory is 15,000 and the closing inventory is 85,000. Particular 2018 Annual Credit Sales 500,000 Annual credit purchases 300,000 Creditors in the beginning 65000 Creditors at the end 45000 Debtors in the beginning 80,000 Debtors at the end 100,000 You are requested to calculate the cash conversion cycle

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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