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Question 1 Merah Saga Berhad has RM5 million in inventory and RM2 million in accounts receivable. Its average daily sales are RM100,000. The company's payables

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Question 1 Merah Saga Berhad has RM5 million in inventory and RM2 million in accounts receivable. Its average daily sales are RM100,000. The company's payables deferral period (accounts payable divided by daily purchases) is 30 days. What is the length of the company's cash conversion cycle

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