Question
What is the length of the of the cash conversion cycle for a firm with annual sales (all cash) of $280,000, an inventory conversion period
What is the length of the of the cash conversion cycle for a firm with annual sales (all cash) of $280,000, an inventory conversion period of 35 days, and a payables deferral period of 25 days?
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Empirical Finance
Authors: Sardar M. N. Islam, Sethapong Watanapalachaikul
1st Edition
3790815519, 978-3790815511
