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How many dollars of resources does Aztec have invested

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Question - Aztec wishes to evaluate its cash conversion cycle CCC. The firm holds items in its inventory for 65 days, pays its suppliers 55 days after purchase and collects its A/R after 25 days. The firm's annual sales all on credit are about $2200. Its cost of goods sold represents 77% of its sales and purchases represent 25% of goods sold.

Assuming a 365 day year what is Aztec's OC operating cycle and cash conversion CCC?

How many dollars of resources does Aztec have invested in inventory A/R & A/P and the net working capital?

If Aztec could shorten its inventory period by 6 days what effect would it have?

Reference no: EM133100027

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