Question
A firm has a cash conversion cycle of 50 days, and an operating cycle of 90 days. The firm's average payment period is ________ days.
"A firm has a cash conversion cycle of 50 days, and an operating cycle of 90 days. The firm's average payment period is ________ days."
Options: 40, 140, 55, 18
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
