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opfaluyi opfaluyi
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6 months ago
A company has revenue of $2,043,693, accounts receivable of $159,503, average inventory of $71,505, and accounts payable of $157,210. How many days are the operating cycle (OC) and the cash conversion cycle (CCC)?

▸ OC = 13.18 and CCC = 41.26

▸ OC = 41.26 and CCC = 13.18

▸ OC = 12.77 and CCC = 28.49

▸ OC = 41.26 and CCC = 28.08
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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Keleko12Keleko12
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opfaluyi Author
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6 months ago
Good timing, thanks!
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Just got PERFECT on my quiz
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Thanks
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