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Question 2 Not yet answered Marked out of 1 . 0 0 * Flag question Bramble Company s average age of accounts receivable is 5
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Bramble Companys average age of accounts receivable is days, the average age of accounts payable is days, and the average age of inventory is days. Assuming a day year, what is the length of its cash conversion cycle?
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CCC Inventory Conversion Period Receivable Collection Period Pay Deferral Period
Age of receivables Receivables Conversion Period
Age of inventory Inventory Conversion Period
Age of payables Payables Deferral Period
a
b
O d
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