Explain the difference between the operating cycle (OC) and the cash conversion cycle (CCC).

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Explain the difference between the operating cycle (OC) and the cash conversion cycle (CCC).

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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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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