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A company has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cyc Annual sales =45000 Annual cost of
A company has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cyc Annual sales =45000 Annual cost of goods sold =31500 Inventory =4250 Accounts receivable = 2000 Accounts payable = 3000 A28 days b.42 days c. 38 days d. 26 days e. 31 days
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