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A business analysis has recently been hired to improve the performance of a firm. As one part of your analysis, the analyst wants to determine

A business analysis has recently been hired to improve the performance of a firm. As one part of your analysis, the analyst wants to determine the firms cash conversion cycle. Using the following information and a 365-day year: Current inventory = $2,000,000; Annual sales = $10,000,000; Accounts receivable = $657,534; Accounts payable = $657,534; Cost of goods sold = $8,000,000. Calculate the firms inventory conversion cycle.

27 days

73 days

65 days

95 days

Based on information from Question 46, Calculate the firms receivables collection period.

33 days

73 days

70 days

24 days

Based on information from Question 46, Calculate the firms payables deferral period.

30 days

33 days

70 days

24 days

Based on information from Question 46~48, Calculate the firms cash conversion cycle (CCC).

67 days

82 days

36 days

70 days

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