Question: Kretsmart's cash conversion cycle ( CCC ) is 0 days. The company's primary supplier allows Kretsmart to pay within 9 0 days. However, the supply

Kretsmart's cash conversion cycle (CCC) is 0 days. The company's primary supplier allows Kretsmart to pay
within 90 days. However, the supply company's owner is planning to retire and sell the business. Under the
potential new owner, the supplier would expect Kretsmart to pay for its inventory within 30 days going
forward.
What would the CCC be under the new terms?
Less
YOUR
CORRECT
ANSWER
ANSWER
15 days
30 days
45 days
60 days
 Kretsmart's cash conversion cycle (CCC) is 0 days. The company's primary

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