A& B Global’s annual credit sales are $18 million; the accounts receivable balance is $1.5 million; the cost of goods sold is $12.6 million; the inventory balance is $350,000, and the balance in accounts payable is $700,000.
a. Compute A&B’s operating cycle.
b. Compute A&B’s cash conversion cycle.
Darshita Changed status to publish August 12, 2020
