Compute the cash conversion cycle for both year ?? Winnebago Industries has the following metrics for 2015 and 2014.Amounts in daysDays sales outstanding2015 201425.7 19.3Days inventory outstanding 47.3 49.1Days payable outstanding13.9 13.3Compute the cash conversion cycle for both years.(Answer in days)

Explanation: Cash conversion cycle refers to the time taken by an entity to convert its resources…

Answered: Winnebago Industries has the following…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 3P

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Compute the cash conversion cycle for both year ?? General accounting
Computing Cash Conversion Cycle for Two YearsWinnebago Industries has the following metrics for 2015 and 2014. Amounts in days 2015 2014 Days sales outstanding 25.9 19.5 Days inventory outstanding 47.5 49.3 Days payable outstanding 13.9 13.3 Compute the cash conversion cycle for both years. Round answers to one decimal place. Cash conversion cycle 2015 Answer 2014 Answer
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Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days Days sales outstanding 2015 2014 25.7 19.3 Days inventory outstanding 47.3 49.1 Days payable outstanding 13.9 13.3 Compute the cash conversion cycle for both years. (Answer in days)