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:

Linguistic Universals

Fundamental principles or characteristics shared by all languages.

Deep Structure

In linguistics, refers to the underlying syntactic structure of a sentence that conveys its semantic meaning.

Surface Structure

refers to the literal arrangement of words in a sentence as it is spoken or written, in contrast to the deeper, underlying meaning.

Rated Least Positively

Evaluated or assessed as having the lowest degree of approval or favorability.