Suppose that freddies fries has annual sales of 570000 cost


Suppose that Freddie's Fries has annual sales of $570,000; cost of goods sold of $445,000; average inventories of $16,000; average accounts receivable of $32,000, and an average accounts payable balance of $27,000. Assuming that all of Freddie's sales are on credit, what will be the firm's cash cycle? (Round your answer to 2 decimal places.)

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Financial Management: Suppose that freddies fries has annual sales of 570000 cost
Reference No:- TGS01371450

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