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The ________ of a firm is the amount of time that elapses from the point when the firm makes an outlay to purchase raw materials

The ________ of a firm is the amount of time that elapses from the point when the firm makes an outlay to purchase raw materials to the point when cash is collected from the sale of the finished goods. A) cash conversion cycle B) average age of inventory C) cash turnover D) average collection period

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