For the LINA Company, the average age of accounts receivable is 60 days, the average age of
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Question:
For the LINA Company, the average age of accounts receivable is 60 days, the average age of accounts payable is 45 days, and the average age of inventory is 72 days. Assuming a 365-day year, what is the
length of the firm's cash conversion cycle?
a. 87 days
b. 90 days
c. 65 days
d. 48 days
What is the company's operating cycle
a. 87 days
b. 105 days
c. 132 days
d. 117 days
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