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28 Sep 2019
Consider the following information (in millions) about ABK Company. Annual sales, $1,217; Cost of goods sold, $1,014; Inventories, $167; Accounts receivables, $445; Accounts payable, $115.
45. What is the Inventory Conversion Period?
50 days
52 days
53 days
49 days
46. Average Collection Period is
132 days
135 days
133 days
None of the above
47. Payable Deferral Period is
41 days
43 days
40 days
39 days
48. Cash Conversion Cycle is approximately
142 days
139 days
136 days
145 days
Consider the following information (in millions) about ABK Company. Annual sales, $1,217; Cost of goods sold, $1,014; Inventories, $167; Accounts receivables, $445; Accounts payable, $115.
45. What is the Inventory Conversion Period?
50 days
52 days
53 days
49 days
46. Average Collection Period is
132 days
135 days
133 days
None of the above
47. Payable Deferral Period is
41 days
43 days
40 days
39 days
48. Cash Conversion Cycle is approximately
142 days
139 days
136 days
145 days
Trinidad TremblayLv2
28 Sep 2019