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Cullumber automotive managment estimates that it takes the company 6 9 days to collect cash from customers on finished goods from the day it receives
Cullumber automotive managment estimates that it takes the company days to collect cash from customers on finished goods from the day it receives raw materials, and it takes days to pay its suppliers. What is the companys cash conversion cycle?
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Survey of Accounting
Authors: Carl S Warren
5th Edition
9780538489737, 538749091, 538489731, 978-0538749091
