Question
A firms number of days in total assets was 52 days, the number of days to sell inventory was 37, the number of days to
A firms number of days in total assets was 52 days, the number of days to sell inventory was 37, the number of days to collect receivables was 16 and the number of days to pay accounts payable was 23. The firms net cash conversion cycle was
- 82 days
- 30 days
- 76 days
- 45 days
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
2nd edition
978-0078025518
