Question: Based on the following information, determine the venture's cash conversion cycle: Inventory-to-sale conversion period = 112.9 days; Sale-to-cash conversion period=57.1 days; and Purchase-to-payment conversion period
Based on the following information, determine the venture's cash conversion cycle: Inventory-to-sale conversion period = 112.9 days; Sale-to-cash conversion period=57.1 days; and Purchase-to-payment conversion period = 76.8 days
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