Desai inc has the following data in thousands assuming a, Ask an Expert

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

Annual sales =
Annual cost of goods sold =
Inventory =
Accounts receivable =
Accounts payable = $45,000
$30,000
$4,500
$1,800
$2,500

a. 28 days
b. 32 days
c. 35 days
d. 39 days
e. 43 days

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9867913

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