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Cash conversion cycle of northern manufacturing company

Cash conversion cycle: Northern Manufacturing Company found that during the last year, it took an average of 47 days to pay its suppliers, while it took 63 days to collect its receivables. The company's days' sales in inventory was 49 days. What is Northern's cash conversion cycle?

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Finance Basics: Cash conversion cycle of northern manufacturing company

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Cash conversion cycle of northern manufacturing company

Reference No:- TGS0674445

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Compute after-tax cash flows for the project

Q : Determine the amount of net cash flow from operating

Q : Approximate market value of the bond

Q : Prepare a cvp income statement

Q : Cash conversion cycle of northern manufacturing company

Q : Calculate cost of goods sold for april 2009

Q : How do government organizations measure success

Q : How many units should the company sell

Q : Internal rate of return on project

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Cash conversion cycle of northern manufacturing company

Reference No:- TGS0674445

Recent Questions Asked Finance Basics

Q : Compute after-tax cash flows for the project

Q : Determine the amount of net cash flow from operating

Q : Approximate market value of the bond

Q : Prepare a cvp income statement

Q : Cash conversion cycle of northern manufacturing company

Q : Calculate cost of goods sold for april 2009

Q : How do government organizations measure success

Q : How many units should the company sell

Q : Internal rate of return on project

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