Tauscher textiles corporation has an inventory conversion, Ask an Expert

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Tauscher Textiles Corporation has an inventory conversion period of 45 days, a receivables collection period of 36 days, and a payables deferral period of 35 days.

If the firm’s cost of goods sold are $3,231,771 and all sales are on credit, how much inventory is on the firm’s balance sheet?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92321073

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