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Suppose a firm has $15 million in inventory, $65 million in COGS, $105 million in sales, $10 million in accounts receivable, and $12 million in
Suppose a firm has $15 million in inventory, $65 million in COGS, $105 million in sales, $10 million in accounts receivable, and $12 million in accounts payable. Using a 365 day year, determine the firm's cash conversion cycle. 116.9 days 51.6 days 186.4 days 17.9 days
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