Question: Determine the cash conversion cycle based on the following information: inventory - to - sale conversion period = 1 6 2 . 9 days; sale

Determine the cash conversion cycle based on the following information: inventory-to-sale conversion period =162.9 days; sale-to-cash conversion period =87.1 days; and purchase-to-payment conversion period =66.8 days.
170.0 days
93.2 days
183.2 days
246.8 days
 Determine the cash conversion cycle based on the following information: inventory-to-sale

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 General Management Questions!