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Other Fields Homework Help Management Topic started by: betterway on Mar 7, 2017



Title: A firm purchased raw materials on account and paid for them within 30 days. The raw materials were ...
Post by: betterway on Mar 7, 2017
A firm purchased raw materials on account and paid for them within 30 days. The raw materials were used in manufacturing a finished good sold on account 100 days after the raw materials were purchased. The customer paid for the finished good 60 days later. The firm's cash conversion cycle is ________ days.
A) 10
B) 70
C) 130
D) 190


Title: Re: A firm purchased raw materials on account and paid for them within 30 days. The raw materials ...
Post by: donnaban on Mar 7, 2017
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Title: Re: A firm purchased raw materials on account and paid for them within 30 days. The raw materials were ...
Post by: betterway on Jul 4, 2017
Thank you for providing the right answer every time