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You are a manager for a medium sized company and have been given the following information:

Your inventory turnover is 6

You have an average accounts receivable of $200,000 and sales of $1,200,000

Your accounts payable is $100,000 and your cost of goods sold is $800,000.

What is your inventory period?

What is your operating cycle?

What is your cash conversion cycle?

What does this tell you?

Where can you improve?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92725282

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