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

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. 34 days
b. 37 days
c. 41 days
d. 45 days
e. 31 days

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