Please help with the calculation
Share
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Hello,
Here is the formula to calculate CCC.
So the answer is: [ 0.25/0.98 + 0.8/2.3 – 0.5/0.98 ] x 365
Alright. I thought in case of Trade Payables, we have to take “Purchases” instead of COGS.
I must be wrong.