Question: ta Everdeen, Inc., has a 90-day operating cycle. If its average age of inventory is 31 days, how long is its average collection period? If
ta Everdeen, Inc., has a 90-day operating cycle. If its average age of inventory is 31 days, how long is its average collection period? If its average payment period is 22 days, what is its cash conversion cycle? Everdeen's average collection period, ACP, is days. (Round to the nearest whole number.) Everdeen's cash conversion cycle, CCC, is days. (Round to the nearest whole number.) 7
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