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Biondi manufacturing company (bmc) has an average accounts

01 / 10 / 2021 Projects

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Biondi manufacturing company (bmc) has an average accounts

Biondi manufacturing company (bmc) has an average accounts receivable balance of $1250000, an average inventory balance of $1750000, and an average accounts payable balance of $800000. Its annual sales are $12000000 and its cost of good sold represents 80 percent of annual sales. Assume there are 365 days in a year. What is bmc’s cash conversion cycle and payables deferral period?



International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

Company # 11483120

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