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Northern Manufacturing Company management found that during the last year it took an average of 49 days to pay its suppliers, whereas it took 51
Northern Manufacturing Company management found that during the last year it took an average of 49 days to pay its suppliers, whereas it took 51 days to collect its receivables. The companys days sales in inventory was 67 days. What was Northerns cash conversion cycle?
Northerns cash conversion cycle is _____________ days.
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