Robius Corp. is working to minimizing its working capital. A preliminary report shows that Robius has...
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Robius Corp. is working to minimizing its working capital. A preliminary report shows that Robius has 35.60 days of sales outstanding, 55.51 days of sales in inventory, and 49.57 days of payables outstanding. How many days is Robius' cash conversion cycle? Round to two decimal places (Ex. 0.00). Robius Corp. is working to minimizing its working capital. A preliminary report shows that Robius has 35.60 days of sales outstanding, 55.51 days of sales in inventory, and 49.57 days of payables outstanding. How many days is Robius' cash conversion cycle? Round to two decimal places (Ex. 0.00).
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