• Compare the cash conversion cycles of two competitors of your company using the following facts:
  
  Competitor A
  Inventory conversion period = 88 days
  Average collection period (ACP) = 54 days
  Payables deferral period = 30 days
  
  Competitor B
  Inventory conversion period = 90 days
  ACP = 44 days
  Payables deferral period = 30 days

Answer rating: 100% (QA)

According to given data Competitor A Inventory conversion period 88 days Average ... View the full answer