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Question 3 Your boss asks you to compute the company's cash conversion cycle. Looking at the financial statements, you see that the average inventory for

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Question 3 Your boss asks you to compute the company's cash conversion cycle. Looking at the financial statements, you see that the average inventory for the year was $26,300, accounts receivable were $17,900, and accounts payable were $15,100. You also see that the company had sales of $154,000 and that cost of goods sold was $122,000. Interpret your firm's cash conversion cycle

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