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Operating and Cash Conversion Cycles. Calculate the trade receivables period, trade payable periods, inventory period,...

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Accounting

Operating and Cash Conversion Cycles. Calculate the trade receivables period, trade payable periods, inventory period, operating cycle, and cash conversion cycle for the following firm: Please show work

Income statement data:

Sales 5,000

Cost of goods sold 4,200

Balance Sheet Data:

Beginning of Year

End of Year

Inventory

500

600

Trade receivables

100

120

Trade Payables

250

290

Answer & Explanation Solved by verified expert
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