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Westerly Industries has the following financial information. What is its cash conversion cycle? (Use a 365 day) Sales $120,000 Cost of Goods Sold $96,000 Accounts
Westerly Industries has the following financial information. What is its cash conversion cycle? (Use a 365 day)
Sales | $120,000 |
Cost of Goods Sold | $96,000 |
Accounts Receivable | $48,000 |
Inventory | $21,600 |
Accounts Payable | $52,800 |
The cash conversion cycle is ____ days (4 decimals)
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