Question: Computer Sciences estimates that the company takes 44 days on average to pay off its suppliers. It also knows that it has days' sales in

Computer Sciences estimates that the company takes 44 days on average to pay off its suppliers. It also knows that it has days' sales in inventory of 74 days and days sales' outstanding of 113 days. What is its cash conversion cycle? Group of answer choices

123 days

17 days

116 days

none of the answers is correct.

143 days

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!