Question: Using the information below, compute the cash conversion cycle: Days sales in accounts receivable 35 days Days sales in inventory 52 days Days payable outstanding
Using the information below, compute the cash conversion cycle:
| Days sales in accounts receivable | 35 | days |
|---|---|---|
| Days sales in inventory | 52 | days |
| Days payable outstanding | 45 | days |
Multiple Choice
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12 days.
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87 days.
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42 days.
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47 days.
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51 days.
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