question archive Your manager at Nass Corp
Your manager at Nass Corp
Subject:FinancePrice:2.86 Bought3
Your manager at Nass Corp. asks you to compute the firm's cash conversion cycle (CCC). Looking at the financial statements, you see that the average Inventory for the year was BD 126,300, accounts receivable was BD 97,900, and accounts payable were at BD 115,100. You also see that the company had credit sales of BD 124,000 and that cost of goods sold was BD 282,000. What is the Nass' CCC?
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