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Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 50 days, an aver- age collection period of 35 days, and a payables deferral
Cash Conversion Cycle
Negus Enterprises has an inventory conversion period of 50 days, an aver- age collection period of 35 days, and a payables deferral period of 25 days. Assume that cost of goods sold is 80% of sales. a. What is the length of the firms cash conversion cycle?
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Essentials Of Financial Management Text And Cases
Authors: George C Philippatos
1st Edition
0816267162, 978-0816267163
