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Houston Corporation has an inventory conversion of 60 days, a receiver's collection of 36 days. And a payable deferral of 24 days. What is the
Houston Corporation has an inventory conversion of 60 days, a receiver's collection of 36 days. And a payable deferral of 24 days. What is the length of the company cash conversion cycle?
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Glencoe Accounting Concepts Procedures Applicatons
Authors: McGraw-Hill Education
3rd Edition
0028036174, 978-0028036175
