Question: Question 3: A company with a 75-day operating cycle determines its cash conversion cycle using the following data: Inventory days: 50 Receivable days: 25 Payable

Question 3:

A company with a 75-day operating cycle determines its cash conversion cycle using the following data:

  • Inventory days: 50
  • Receivable days: 25
  • Payable days: 15

What is the company's cash conversion cycle?

  • a.)10
  • b.)40
  • c.)60
  • d.)90

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