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30 Trio Energy has a cash conversion cycle of 90 days. a The firm's total annual outlays for operating cycle investments are $109,500 The firm's
30
Trio Energy has a cash conversion cycle of 90 days. a The firm's total annual outlays for operating cycle investments are $109,500 The firm's cost of financing is 6%. Assuming a 365-day year, what is the annual cost of the financing is required to support its cash conversion cycle? $6,570 $73 $1,620 $2,665
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