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Please answer ASAP Question 1 Moccha Bhd has provided the following information: Inventory turnover 5x Inventory conversion period = 75 days Receivables turnover = 10x

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Please answer ASAP

Question 1 Moccha Bhd has provided the following information: Inventory turnover 5x Inventory conversion period = 75 days Receivables turnover = 10x Receivables collection period = 36 days Payables turnover = 15x Payables deferral period = 24 days Required: What is Moccha Bhd's cash conversion cycle (CCC)? b. Comment on the CCC calculated in (a) above. a

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