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dina

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  • March 24, 2015 at 3:51 pm #238593
    mysterydina
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    hi, Arijeta,

    it is:

    CL=CA/CL=2.4, CA=Inv +cash+receivables; so 2.4=(1+0,5+receivables)/2.5
    6=1,5+receivables, receivables=4,5.

    Receivales collection period=4,5/50*365=32,85 days

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