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SHABBA027 SHABBA027
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4 months ago
Montreal Bagel Bakery collects 45% of its monthly sales immediately and the rest a month later. Its production costs are 60% of sales. It holds 1 month of sales in inventory, and it pays half its bills immediately and half after 30 days. Calculate the cash conversion cycle and the operating cycle for Montreal Bagel Bakery.
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Corporate Finance

Corporate Finance


Edition: 5th
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tswinson3tswinson3
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4 months ago
You make an excellent tutor!
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