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6 (5 points) Prestige Company has determined the following information for its recent fiscal year. Days inventory outstanding 85.4 days Days payable outstanding 113.6 days
6 (5 points) Prestige Company has determined the following information for its recent fiscal year. Days inventory outstanding 85.4 days Days payable outstanding 113.6 days Days sales outstanding 182.6 days Compute Prestige Company's cash conversion cycle. 154.4 days None of these are correct 16.4 days 210.8 days 199.0 days
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Business Accounting
Authors: Jill Collis, Andrew Holt, Roger Hussey
3rd Edition
113752149X, 9781137521491
