Question: Whaley & Whaley has the following data. What is the firm's cash conversion cycle? Inventory conversion period =41 days Average collection period =31 days Payables

Whaley & Whaley has the following data. What is the firm's cash conversion cycle?

Inventory conversion period =41 days

Average collection period =31 days

Payables deferral period =38 days

a. 45 days

b. 37 days

c. 41 days

d. 31 days

e. 34 days

I

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