Last year Volvo paid its suppliers in an average of 52 days. It took Volvo an...

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Last year Volvo paid its suppliers in an average of 52 days. It took Volvo an average of 0.2 days to manufacture a car. Customers paid Volvo in an average of 29 days. Employees are paid every 21 days. The company holds an average of 10 days of inventory. What was Volvo's cash conversion cycle? 29 days 50 days 17 days 42 days -13 days 26 days -4 days Last year Volvo paid its suppliers in an average of 52 days. It took Volvo an average of 0.2 days to manufacture a car. Customers paid Volvo in an average of 29 days. Employees are paid every 21 days. The company holds an average of 10 days of inventory. What was Volvo's cash conversion cycle? 29 days 50 days 17 days 42 days -13 days 26 days -4 days

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Volvos Cash conversion Cycle Cash Conversion cycle Days of inven... View the full answer