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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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