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What is ABC Corp's cash conversion cycle given the following data? Annual sales = $75,000 Cost of Goods Sold % = 60% Average inventory =
What is ABC Corp's cash conversion cycle given the following data?
Annual sales = $75,000
Cost of Goods Sold % = 60%
Average inventory = $ 13,000
Average accounts receivable = $ 8,000
Average accounts payable = $ 5,000
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