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If a company takes 40 days to collect payments from its debtors, has a stock turnover period of 45 days and takes 60 days to
If a company takes 40 days to collect payments from its debtors, has a stock turnover period of 45 days and takes 60 days to pay its creditors, its cash conversion cycle is:
a)25 days
b)95 days
c)35 days
d)50 days
(please provide method of calculations)
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