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Desai Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Annual sales =
Annual cost of goods sold =
Inventory =
Accounts receivable =
Accounts payable = $45,000
$30,000
$4,500
$1,800
$2,500
a. 28 days
b. 32 days
c. 35 days
d. 39 days
e. 43 days
The market under governmental order because of a potential health hazard in the product. What amount should Koll charge against income during 2011, assuming amortization is recorded at the end of each year?
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Determine the implications of a significant positive change in the ratio. Provide a rationale with your response.
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What were the company's two largest current liabilities at the end of its 2 most recent annual reporting periods?
Companies use straight-line depreciation
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