Your boss asks you to compute the company's cash conversion cycle. looking at the financial statements, you see that the average inventory for the year was $126,300, accounts receivable were $97,900, and accounts payable were at $115,100. you also see that the company had credit sales of $324,000 and that cost of goods sold was $282,000. what is your firm's cash conversion cycle? round to the nearest day.
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Home » Business » Your boss asks you to compute the company's cash conversion cycle. looking at the financial statements, you see that the average inventory for the year was $126,300, accounts receivable were $97,900, and accounts payable were at $115,100.