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Linda is the finance manager of Pavilion International. She is required to prepare a report for the company on their working capital performance. Below are
Linda is the finance manager of Pavilion International. She is required to prepare a report for the company on their working capital performance. Below are the details: Receivables turnover 12.8 times Payables turnover 11.9 times Inventory turnover 15.6 times Compute the cash conversion cycle. Select one: a. 82.58 days b. 9.1 days c. 21.25 days d. 3.34 days
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