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Mohammed company Products is analyzing the performance of its cash management. On the average, the firm holds inventory 70 days, pays its suppliers in 60
Mohammed company Products is analyzing the performance of its cash management. On the average, the firm holds inventory 70 days, pays its suppliers in 60 days, and collects its receivables in 50 days. The company has a current annual outlay of JOD 20,000,000 on operating cycle investments. Mohammed currently pays 10 percent for its negotiated financing. (Assume a 360 day year). The Company's cash conversion cycle is.......... and the Company's operating cycle is........... Select one: a. 180 days, 80 days Ob. 60 days, 120 days Oc. 120 days, 80 days O d. 80 days, 20 days
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