Cash Conversion Cycle

dione662 · #1 Feb 24, 2008, 03:59 PM

What is the cash conversion cycle for a firm with $3 million average inventories, $1.5 million average accounts payable, a receivables period of 40 days, and an annual cost of goods sold of $18 million?
A) 14.59 days
B) 46.25 days
C) 70.41 days
D) 136.25 days

mbenriv1 · Mar 12, 2008, 08:22 AM

. What is the cash conversion cycle for a firm with $3 million average inventories, $1.5 million average accounts payable, a receivables period of 40 days, and an annual cost of goods sold of $18 million?



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