1 Simpson Boats has accounts payable days of 20, inventory days of50 and accounts receivable days of 30. What is its operating cycle?
2 FastChips Semiconductors has inventory days of 75, accountsreceivable days of 30 and accounts payable days of 90. What is itsCCC?
3 Northerly Industries has the following financial information. Whatis its CCC?
6 The Russian Connection had sales of $32 million in 2016, and a costof goods sold of $20 million. A simplified balance sheet for the firmappears below: