Question: Everdeen, Inc., has a 130-day operating cycle. If its average age of inventory is 31 days, how long is its average collection period? If its
Everdeen, Inc., has a 130-day operating cycle. If its average age of inventory is 31 days, how long is its average collection period? If its average payment period is 39 days, what is its cash conversion cycle?
Everdeen's average collection period, ACP, is ____ days.(Round to the nearest whole number.)
Everdeen's cash conversion cycle, CCC, is ___ days.(Round to the nearest whole number.)
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