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    Topic 7 Q1 Solution

    Uploaded by

    Zain Sheriff
    This document calculates inventory days, receivables days, and payables days for a company. It shows the calculations to determine that the company has 94 days of inventory, 44 days of receivables, and pays its bills within 50 days, resulting in a net days of 88.

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    Topic 7 Q1 Solution

    Uploaded by

    Zain Sheriff
    7 views1 page
    This document calculates inventory days, receivables days, and payables days for a company. It shows the calculations to determine that the company has 94 days of inventory, 44 days of receivables, and pays its bills within 50 days, resulting in a net days of 88.

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    This document calculates inventory days, receivables days, and payables days for a company. It shows the calculations to determine that the company has 94 days of inventory, 44 days of receivables, and pays its bills within 50 days, resulting in a net days of 88.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    7 views1 page

    Topic 7 Q1 Solution

    Uploaded by

    Zain Sheriff
    This document calculates inventory days, receivables days, and payables days for a company. It shows the calculations to determine that the company has 94 days of inventory, 44 days of receivables, and pays its bills within 50 days, resulting in a net days of 88.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Q1 - Solution

    Inventory days
    Receivables days
    Payables days

    = ((360/1,400) 365)
    = ((290/2,400) 365)
    = ((190/1,400) 365)

    Days
    94
    44
    (50)
    88

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