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Ivanhoe Manufacturing Company management found that during the last year it took an average of 55 days to pay its suppliers, whereas it took 57
Ivanhoe Manufacturing Company management found that during the last year it took an average of 55 days to pay its suppliers, whereas it took 57 days to collect its receivables. The companys days sales in inventory was 39 days. What was Ivanhoes cash conversion cycle?
Ivanhoes cash conversion cycle is ?? days
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