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Crane Manufacturing Company management found that during the last year it took an average of 42 days to pay its suppliers, whereas it took 68
Crane Manufacturing Company management found that during the last year it took an average of 42 days to pay its suppliers, whereas it took 68 days to collect its receivables. The companys days sales in inventory was 54 days. What was Cranes cash conversion cycle?
____ days.
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