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Thursday, August 13, 2015

Sharam Industries has a 120-day operating cycle

Sharam Industries has a 120-day operating cycle. If its average age of inventory is 50 days, how long is its average collection period? If its average payment period is 30 days, what is its cash conversion cycle? Place all of this information on a time line similar to figure

Click here for the solution: Sharam Industries has a 120-day operating cycle