Question: Question 13 Mark this question A company has a 70-day operating cycle, with 15 payable days, 25 receivable days and 45 inventory days. What is

 Question 13 Mark this question A company has a 70-day operating

Question 13 Mark this question A company has a 70-day operating cycle, with 15 payable days, 25 receivable days and 45 inventory days. What is their cash conversion cycle? O 85 O 35 O 55 O 30

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!