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Question 7: 5 Points ( Show Work) Brothers Breads has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 50
Question 7: 5 Points ( Show Work)
Brothers Breads has the following data. What is the firm's cash conversion cycle?
Inventory conversion period = | 50 days |
Average collection period = | 17 days |
Payables deferral period = | 25 days |
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