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Wolfgangs Masonry management estimates that it takes the company 27 days on average to pay its suppliers. Management also knows that the company has days
Wolfgangs Masonry management estimates that it takes the company 27 days on average to pay its suppliers. Management also knows that the company has days sales in inventory of 64 days and days sales outstanding of 32 days. How does Wolfgangs cash conversion cycle compare with the industry average of 75 days?
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