Sophie Anna Bruckner
Posted on:

23 Jul 2023
0

Operating Cycle (Task)

in Corporate Finance / Operating and Cash Conversion Cycles

I have a question about the Operating Cycle (Task). 

In this task I have to calculate the credit sales. 

In the solution is stated I have to multiply the revenue with 0.5 to get the credit sales.

However, I do not understand why I have to multiply with 0.5.

How do I know I need to use 0.5?

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