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An analyst has calculated the following ratios for a company: Number of Days of Receivables 58 Number of Days of Inventory 25 Number of Days
An analyst has calculated the following ratios for a company:
Number of Days of Receivables 58
Number of Days of Inventory 25
Number of Days of Payables 33
The cash conversion cycle for this company is closest to:
A) 25 days
B) 50 days
C) 76 days
D) 83 days
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