Question: Using the information below, compute the cash conversion cycle: Days' sales in accounts receivable Days' sales in inventory Days' payable outstanding 55 days 72 days

Using the information below, compute the cash conversion cycle: Days' sales in accounts receivable Days' sales in inventory Days' payable outstanding 55 days 72 days 65 days 32 days. 147 days. 62 days. 87 days. 91 days. Chang Industries has 1,100 defective units of product that already cost $52 each to produce. A salvage company will purchase the defective units as is for $24 each. Chang's production manager reports that the defects can be corrected for $44 per unit, enabling them to be sold at their regular market price of $40. The $52 per unit is a: Incremental cost. Sunk cost. Out-of-pocket cost. Opportunity cost Period cost

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