What is the length of the firm’cash conversion cycle?

What is the length of the firm’cash conversion cycle?

The Zocco Corporation has an inventory conversion period of 60days,an average collection period of 38days
and a payables deferral period of 30days.Assume that costs of goods sold is 75% of sales.

a. What is the length of the firm’cash conversion cycle?



b. If Zocco’s annual sales are $3,421,875 and all sales are on credit,what is the firm’s investment in account receivable? c. How many times per year does zocco turn over its inventory?


Price: £ 45

100% Plagiarism Free & Custom Written, Tailored to your instructions

Leave your Comments


Can't read the image? click here to refresh