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A company has the following information. What is the cash conversion cycle? Days payable outstanding 24 days Days inventory outstanding 43 days Days sales outstanding
A company has the following information. What is the cash conversion cycle?
Days payable outstanding | 24 days |
Days inventory outstanding | 43 days |
Days sales outstanding | 26 days |
Days cash outstanding | 15 days |
A. 21 days
B. 35 days
C. 60 days
D.45 days
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