You are a financial Manager of CheyronCorp. You need to assess the effectiveness of Working capital management of the company for 2018 using the following data What is the 2018 inventory turnover? 2017 ACCounW Receivable 45353 000 2018 AccouAINSEcevable=15.050.00O 2017 InvenOrME558500 2018OventoIME5704000 14565000 34674000 E0nSales 2018 Sales 2017 Co 2015 Cos SAles- 11 000 2018

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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5 points
You are a financial Manage of Chevron Corp. You need to assess the effectiveness of
Working capital management of the company for 2018 using the following data What is the
2018 inventory tunover?
2017 AccountReceivable=NE353 000
2018 AccounReceivable=15050 000
5.585 000
2018 OventoME6704000
20NT ACCOunNSPayable
4194674
201
Transcribed Image Text:Question 3 Previous Nex 5 points You are a financial Manage of Chevron Corp. You need to assess the effectiveness of Working capital management of the company for 2018 using the following data What is the 2018 inventory tunover? 2017 AccountReceivable=NE353 000 2018 AccounReceivable=15050 000 5.585 000 2018 OventoME6704000 20NT ACCOunNSPayable 4194674 201
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