1 calculate the accounts receivable period accounts payable


1) Calculate the accounts receivable period, accounts payable period, inventory period, and cash conversion cycle for the following firm:

Income Statement Data

Sales = 5000

COGS = 4,200

Balance Sheet Data

Inventory = 550

AR = 110

AP = 270

Solution Preview :

Prepared by a verified Expert
Finance Basics: 1 calculate the accounts receivable period accounts payable
Reference No:- TGS02422710

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)