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A company with a 75-day operating cycle determines its cash conversion cycle using the following data: Inventory days: 50 Receivable days: 25 Payable days:
A company with a 75-day operating cycle determines its cash conversion cycle using the following data: Inventory days: 50 Receivable days: 25 Payable days: 15 What is the company's cash conversion cycle? a.) 10 O b.) 60 O c.) 40 O d.) 90 Type here to search
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
