Calculate xyz firm cash conversion cycle

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You need to compute XYZ company's cash conversion cycle. Looking at the financial statements, you observe that last year average inventory was $23,600, accounts receivables were $19,700, and accounts payables were $11,500. You also see that the company had sales of $145,000 and that cost of goods sold was $112,000. This year XYZ company is experiencing 10% increase for all the above financial figures.

Calculate XYZ firm's cash conversion cycle.

Reference no: EM133071737

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