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15. A firm purchased raw materials on account and paid for them within 30 days. The raw materials were used in manufacturing a finished good
15. A firm purchased raw materials on account and paid for them within 30 days. The raw materials were used in manufacturing a finished good sold on account 100 days after the raw materials were purchased. The customer paid for the finished good 60 days later. The firm's cash conversion cycle is ________ days. (Please calculate the arithmetic solution and show your work)
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