A firm has the below data: Inventory conversion period = 75 days Average collection period = 32

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A firm has the below data:

Inventory conversion period = 75 days

Average collection period = 32 days

Pay able deferral period = 45 days

What is the firm's cash conversion cycle?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 09, 2023 01:56 AM

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A firm has the below data: Inventory conversion period = 75 days Average collection period = 32

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The cash conversion cycle CCC is the amount of time it takes for a company to conve... View the full answer

Income Tax Fundamentals 2013

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