A companys cash conversion cycle increased from 55 days in year 1 to 68 days in year
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A company’s cash conversion cycle increased from 55 days in year 1 to 68 days in year 3.
What are the implications of this increase? What do you think happens to the cash conversion cycles of companies during a recession?
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Related Book For
Financial Accounting
ISBN: 9781292019543
3rd Global Edition Edition
Authors: Robert Kemp, Jeffrey Waybright, Pearson Education
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