Question
____________ is the length of time between the firms actual cash expenditure and its own cash receipt. a) Net operating cycle b) Cash conversion cycle
____________ is the length of time between the firms actual cash expenditure and its own cash receipt.
a) Net operating cycle
b) Cash conversion cycle
c) Working capital cycle
d) Gross operating cycle
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International Financial Reporting A Practical Guide
Authors: Alan Melville
6th edition
1292200743, 1292200766, 9781292200767, 978-1292200743
