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Western Widgets has the following financial data: Inventory turnover ratio: 12.8 ⚫ Accounts payable turnover: 9.2 Accounts receivable period: 38 days Calculate the length of Western Widgets' cash cycle.

Western Widgets has the following financial data: Inventory turnover ratio: 12.8 ⚫ Accounts payable turnover: 9.2 Accounts receivable period: 38 days Calculate the length of Western Widgets' cash cycle.

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
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Western Widgets has the following financial data: Inventory turnover ratio: 12.8 ⚫ Accounts payable turnover: 9.2 Accounts receivable period: 38 days Calculate the length of Western Widgets' cash cycle.
Transcribed Image Text:Western Widgets has the following financial data: Inventory turnover ratio: 12.8 ⚫ Accounts payable turnover: 9.2 Accounts receivable period: 38 days Calculate the length of Western Widgets' cash cycle.
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