Fine Furniture, Inc. produces design furniture. The company has got the below statements. Please, calculate...
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Finance
Fine Furniture, Inc. produces design furniture. The company has got the below statements. Please, calculate the Days of Sales Outstanding, the Days of Sales in Inventories, the Days of Payable Outstanding, and the complete Cash Conversion Cycle.
Balance Sheet
2.020
2.021
Cash
16
17
Accounts Receivable
220
327
Inventories
642
752
Gross Fixed Assets
1.400
1.769
Acc. Depreciation
200
350
Net Fixed Assets
1.200
1.419
Total Net Assets
2.078
2.515
Accounts Payable
602
712
Short-Term Debt
140
184
Long-Term Debt
586
792
Equity
750
827
Total Liabilities
2.078
2.515
P&L
2.020
2.021
Sales
2.200
COGS
1.150
Operating Expenditure
750
Depreciation
150
EBIT
150
Interests
21
EBT
129
Taxes
52
Net Income
77
Answer & Explanation
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