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Everdeen, Inc., has a 150-day operating cycle. If its average age of inventory is 32 days, how long is its average collection period? If its

Everdeen, Inc., has a 150-day operating cycle. If its average age of inventory is 32 days, how long is its average collection period? If its average payment period is 38 days, what is its cash conversion cycle?

a. Everdeen's average collection period, ACP, is ? days.(Round to the nearest whole number.)

b. ?

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