What Is the Length of the Cash Conversion Cycle for a Firm

question 107

Essay

What is the length of the cash conversion cycle for a firm with $50,000 in average inventory, $60,000 in average receivables, $30,000 in average payables, annual sales of $700,000, and a cost of goods sold of 75%?

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Definitions:

Good Followers

Individuals who support leaders with loyalty, engagement, and constructive feedback, effectively contributing to the team's or organization's success.

Self-Management

The ability of an individual to manage their personal activities and behaviors in an effective manner without external control.

Emotional Intelligence

The ability to recognize, understand, manage, and reason with one's own emotions and the emotions of others.

Leadership

The act of guiding and directing a group towards achieving a common goal, through influence and motivation.