Question: quick answer pls Zara Corporation has an inventory conversion period of 75 days, an average collection period of 38 days, and a payables deferral period
quick answer pls
Zara Corporation has an inventory conversion period of 75 days, an average collection period of 38 days, and a payables deferral period of 30 days. (a) Find the cash conversion cycle and the operating cycle for the company. (2 marks) (b) Interpret the meaning of the cash conversion cyce. (1.5 marks) 1 = %
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