Define and describe the difference between the operating cycle and cash conversion cycle for a typical manufacturing

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Define and describe the difference between the operating cycle and cash conversion cycle for a typical manufacturing company.

Cash Conversion Cycle
Cash conversion cycle measures the total time a business takes to convert its cash on hand to produce, pay its suppliers, sell to its customers and collect cash from its customers. The process starts with purchasing of raw materials from suppliers,...
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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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