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ABC Inc. has the following data. What is the firm's cash (conversion) cycle? Inventory Conversion Period = 38 days Receivables Collection Period = 19 days

ABC Inc. has the following data. What is the firm's cash (conversion) cycle?

Inventory Conversion Period =	38 days
Receivables Collection Period =	19 days
Payables Deferral Period =	26 days

	1.	32 days
	2.	30 days
	3.	27 days
	4.	24 days
	5.	31 days

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