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From the following ratios of a company: The cash conversion cycle is closest to: ? No. of days of {(1)Receivables 48 (2)Inventory 37 (3)Payable 28}

<p><strong>A.57 days.</strong></p> <p><strong>B.85 days.</strong></p> <p><strong>C.113 day</strong></p> <p><strong>D.Non of these.</strong></p> <p><strong>E.Please suggest your answer.</strong></p>

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Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2014/10/23
Sara Naeem
par Sara Naeem , Trainee Finance officer , Wah Brass Mill

A

Muhammad Salman Jahanzeb
par Muhammad Salman Jahanzeb , Assistant Manager Accounts , Prudent Accountants

Answer is A

 

Cash conversion cycle = inventory days + reciveable days - payable days

cash conversion cycle =37 +48 -28 =57 days

Utilisateur supprimé
par Utilisateur supprimé

A - is the answer

Utilisateur supprimé
par Utilisateur supprimé

A

Ahmed kandil
par Ahmed kandil , Cost Controller , Battour Holding Cpompany

cash cycle = inventory days + receivable days - payable days 

 

=37 +48 -28 

equal57

answer is A

georgei assi
par georgei assi , مدير حسابات , المجموعة السورية

Answer a correct answer A

Saleem Khatri
par Saleem Khatri , Head of Finance , Berger Paints International

"a"  should be the answer

 

48 +37 -28 =57

Vinod Jetley
par Vinod Jetley , Assistant General Manager , State Bank of India

A.57 days48+37-28=57

Khaled Mohee Eldeen Abbas Mahmoud
par Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

A

Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payable outstanding

mohamed Hakim CMA CPA Candidate
par mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

57 days 

 

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