Question: 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

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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Following information are given Days sales outstanding 356... View full answer
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