Consider the following data from a company's 95-day operating cycle: Payable days: 8 Receivable days: 25 Inventory

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Consider the following data from a company's 95-day operating cycle:

Payable days: 8
Receivable days: 25
Inventory days: 70

What is the cash conversion cycle for this company?

Related Book For answer-question

Principles of Managerial Finance

ISBN: 978-0134476315

15th edition

Authors: Chad J. Zutter, Scott B. Smart

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Posted Date: Apr 27, 2023 01:22 AM

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Consider the following data from a company's 95-day operating cycle: Payable days: 8 Receivable days: 25 Inventory

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Cash conversion c... View the full answer

Principles of Managerial Finance

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