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yosie yosie
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1 months ago
Vancouver Sushi Limited collects 35% 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 60% its bills immediately and 40% after 30 days. Calculate the cash conversion cycle and the operating cycle for Vancouver Sushi Limited.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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9quatroquatro99quatroquatro9
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