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Robius Corp. is working to minimizing its working capital. A preliminary report shows that Robius has 29.78 days of sales outstanding, 53.78 days of sales
Robius Corp. is working to minimizing its working capital. A preliminary report shows that Robius has 29.78 days of sales outstanding, 53.78 days of sales in inventory, and 59.43 days of payables outstanding. How many days is Robius' cash conversion cycle? Round to two decimal places (Ex. 0.00).
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