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What is the length of the cash conversion cycle for a firm with $60,000 in inventory, $70,000 in average receivables, $30,000 in average payables, annual
What is the length of the cash conversion cycle for a firm with $60,000 in inventory, $70,000 in average receivables, $30,000 in average payables, annual sales of $800,000, and a cost of goods sold of 75%?
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