Suppose sales for the entire year were 100000 and the cogs, Financial Management

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Suppose sales for the entire year were 100000 and the cogs

Suppose sales for the entire year were 100,000 and the COGS were 80% of sales. The inventory conversion period is 40 days. The accounts payable deferral period is 15 days, and the cash conversion cycle is 30 days. What is the accounts receivable balance?

a. 0 b. 1096 c. 1370 d. 1600

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Financial Management: Suppose sales for the entire year were 100000 and the cogs

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Financial Management: Suppose sales for the entire year were 100000 and the cogs

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