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The cost of goods sold is $2,000,000, and inventory is $500,000. Calculate the days on hand.

Sales on account are $8,000,000, and accounts receivable are $3,000,000. Calculate the days outstanding.

The cost of goods sold is $3,500,000, and accounts payable are $500,000. Compute the days in accounts payable.

Compute the cash conversion cycle using information from the previous three questions.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92707298

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