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Question 18 Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period = 38 days Receivables Collection Period =

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Question 18 Romano Inc. has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period = 38 days Receivables Collection Period = 19 days Payables Deferral Period = 38 days a. 24 days b. 14 days c. 22 days od. 21 days e. 19 days

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