Question 17

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Hasten Corporation has the following metrics for the year.

Amount in days
Days sales outstanding	34.7
Days payables outstanding	23.6
Days inventory outstanding	56.1

The cash conversion cycle for the year is:

Select one:

a. 2.2 days

b. 45.0 days

c. 58.3 days

d. None of these are correct.

e. 67.2 days