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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 50 days, the average age of accounts payable is 45 days, and the average age of inventory is 72 days. Assuming a 365-day year, what is the length of its cash conversion cycle?
Hint:
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.69
b.66
.73
O d.77

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