Question: Cash conversion cycle: Wolfgangs Masonry estimates that it takes the company 27 days on average to pay off its suppliers. It also knows that it
| Cash conversion cycle: Wolfgangs Masonry estimates that it takes the company 27 days on average to pay off its suppliers. It also knows that it has days sales in inventory of 64 days and days sales outstanding of 32 days. How does Wolfgangs cash conversion cycle compare with the industry average of 75 days? |
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