Question
Whaley & Whaley has the following data. What is the firm's cash conversion cycle? Inventory conversion period =41 days Average collection period =31 days Payables
Whaley & Whaley has the following data. What is the firm's cash conversion cycle?
Inventory conversion period =41 days
Average collection period =31 days
Payables deferral period =38 days
a. 45 days
b. 37 days
c. 41 days
d. 31 days
e. 34 days
I
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
