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Robins Corp. is working to minimizing its working capital. A preliminary report shows that Robius has 49.44 days of sales outstanding, 57.19 days of sales
Robins Corp. is working to minimizing its working capital. A preliminary report shows that Robius has 49.44 days of sales outstanding, 57.19 days of sales in inventory, and 56.17 days of payables outstanding. How many days is Robius' cash conversion cycle? Round to two decimal places (Ex. 0.00).
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