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According to the video, the longer the cash conversion cycle, the interest fees, and the the compary's profic. The cash conversion cycle is determined by

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According to the video, the longer the cash conversion cycle, the interest fees, and the the compary's profic. The cash conversion cycle is determined by the following equation: Cash conversion cycle = Inventory conversion period + Average collection period - Payables de ferral period, where: Inventory conversion period is the average time required to convert raw materials into finished goods and then to sell them, which can be expressed as Carifont.Inwniony.. Average collection period (ACP) is the averoge length of time required to convert the firm's receivables into cash, that is, to collect Payables deferral period is the average length of time between the purchase of materials and labor and the payment of cash for Suppose your start-up buys $100,000 of merchandise each month, which is sold within 45 days. You have 30 days to pay your suppliers, and allow your customers 65 days to pay for their purchases, You expect your monthly sales to be $113,000. You borrow funds required to support operations from a bank and must repay the loans as soon as cash is avaibable. Complete the following table by finding out the number of days each period takes, as well as the cash coriversion cycle. Complete the following table by finding out the number of days each period takes, as well as the cash conversion cycle. Complete the following table by finding out the number of days each period takes, as well as the casn corrversioricycie. Period Days Inventory comversion period Average collection period Payables deferrai period Cash conversion cycle: 30 Step 2: Learn: Cash Conversi 45 85 76 80 Complete the following table by finding out the number of days each period takes, as well as the cash conversion cycle

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