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What is the length of the firms cash conversion period 07:41 P f c ... Vo)) Vo)) LTE1 , | LTE2 ,I You 21 October,

What is the length of the firms cash conversion period

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07:41 P f c ... Vo)) Vo)) LTE1 , | LTE2 ,I You 21 October, 10:55 Palam Sporting Goods has P2.5 million in inventory and P2 million in accounts receivable. Its average daily sales are P100,000 The firm's payables deferral period is 30 days and average daily cost of sales are P50,000. What is the length of the firm's cash conversion period? Select one: O a. 100 days b. 60 days c. 50 days d. 40 days Next pag

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