Determine the firm cash conversion cycle


Desai Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? show your calculation.

Annual sales = S45,000
Annual cost of goods sold = $30,000
Inventory = $4,500
Accounts receivable = $1,800
Accounts payable = $2,500

a. 28 days

b. 32 days

c. 35 days

d. 39 days

e. 43 days

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Accounting Basics: Determine the firm cash conversion cycle
Reference No:- TGS084101

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