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Please show each working properly with an explanation for each step so that I understand 6. Company PQR has sales of $100 million, costs of
Please show each working properly with an explanation for each step so that I understand
6. Company PQR has sales of $100 million, costs of sales of $60 million, Accounts Receivable of $12 million, Inventory of $20 million and accounts payable of $7 million. What is the cash conversion cycle? Answer 122.9 daysStep by Step Solution
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