Dewey corporation has the following data in thousands, Financial Management

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Dewey corporation has the following data in thousands

Dewey Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Annual sales = $48,000 Annual cost of goods sold = $32,500 Inventory = $6,000 Accounts receivable = $3,000 Accounts payable = $4,500 A. 65.31 B. 42.92 C. 48.61 D. 90.20 E. 39.66.

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Financial Management: Dewey corporation has the following data in thousands

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