You are provided the following working capital information for the Rada Company: Account Inventory $ $13,790 Accounts receivable 12,800 Accounts payable 12,670 Net sales Cost of goods sold $135,489 95,630 What is the cash conversion cycle for Rada Company?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 10P
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What is the Cash conversation cycle for rada company

You are provided the following working capital information for the Rada
Company:
Account
Inventory
$
$13,790
Accounts receivable 12,800
Accounts payable 12,670
Net sales
Cost of goods sold
$135,489
95,630
What is the cash conversion cycle for Rada Company?
Transcribed Image Text:You are provided the following working capital information for the Rada Company: Account Inventory $ $13,790 Accounts receivable 12,800 Accounts payable 12,670 Net sales Cost of goods sold $135,489 95,630 What is the cash conversion cycle for Rada Company?
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