Question
Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period = 48 days Receivables Collection Period = 17
Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period = 48 days Receivables Collection Period = 17 days Payables Deferral Period = 25 days PLEASE SHOW WORK
| a. | 42 days |
| b. | 33 days |
| c. | 35 days |
| d. | 40 days |
| e. | 39 days |
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Financial Statement Analysis
Authors: Martin S. Fridson, Fernando Alvarez
5th Edition
1119457149, 978-1119457145
