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Keisha runs an industrial supply company and always pays her supplier within 30 days. She keeps enough inventory on hand to satisfy 60 days of
Keisha runs an industrial supply company and always pays her supplier within 30 days. She keeps enough inventory on hand to satisfy 60 days of sales and is good at managing this. It will take 50 days on average for her customers to pay their invoices. What is the cash conversion cycle?
Select one:
a. 90 day
b. 80 days
c. 82 days
d. 81 days
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