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A company has a 120-day operating cycle with 80 inventory days, 40 receivable days and 15 payable days. What is their cash conversion cycle?
A company has a 120-day operating cycle with 80 inventory days, 40 receivable days and 15 payable days. What is their cash conversion cycle?
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Principles Of Managerial Finance
Authors: Chad Zutter, Scott Smart
16th Global Edition
1292400641, 978-1292400648
