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The following data applies to Wilbur Inc.: average age of accounts receivable = 40 days 45 days average age of accounts payable average age of
The following data applies to Wilbur Inc.: average age of accounts receivable = 40 days 45 days average age of accounts payable average age of inventory = 96 days Assuming a 365-day year, what is the length of its cash conversion cycle? a) 70 days b) 63 days c) 108 days d) 87 days e) 91 days
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