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Cringe Company has an inventory conversion period of 50 days, a collection period of 25 days and a supplier payment period of 12 days. Calculate:
Cringe Company has an inventory conversion period of 50 days, a collection period of 25 days and a supplier payment period of 12 days.
Calculate:
1. The company's cash conversion cycle.
2. Inventory rotation.
3. If the company were to produce at a slower rate and rotate inventory 10 times a year, what would be the new cash conversion cycle (CCC)?
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