question archive Suppose that LilyMac Photography has annual sales of $225,000, cost of goods sold of $160,000, average inventories of $6,000, average accounts receivable of $28,000, and an average accounts payable balance of $18,700

Suppose that LilyMac Photography has annual sales of $225,000, cost of goods sold of $160,000, average inventories of $6,000, average accounts receivable of $28,000, and an average accounts payable balance of $18,700

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Suppose that LilyMac Photography has annual sales of $225,000, cost of goods sold of $160,000, average inventories of $6,000, average accounts receivable of $28,000, and an average accounts payable balance of $18,700.

Assuming that all of LilyMac's sales are on credit, what will be the firm's cash cycle? (Use 365 days a year. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

  Cash cycle days  

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