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KMG Company estimates that it takes the company 27 days on average to pay off its suppliers. It also knows that it has days' sales

  1. KMG Company estimates that it takes the company 27 days on average to pay off its suppliers. It also knows that it has days' sales in inventory of 43 days and days sales' outstanding of 45 days. What is its cash conversion cycle?

a. 61 days

b. 115 days

c. 57 days

d. 46 days

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