A company product has an inventory conversion period (ICP) of about 55.75 days. The receivables collection period
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Question:
A company product has an inventory conversion period (ICP) of about 55.75 days. The receivables collection period (RCP) is 42.33 days. The payables deferral period (PDP) is about 35.22 days. What is company's cash conversion cycle (CCC)?
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