ABC, Inc. …
ABC, Inc. 2021 2020 Income Statement Sales $30,000 $20,000 CGS $20,000 $15,000 Balance Sheet Accounts Receivable $1,000 $800 Inventory $3,000 $2,000 Accounts Payable $1,500 $1,000 Based on the above information, what is the amount of days on average that ABC would be without cash and need to find a funding source to bridge that gap?
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