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Westley Company's average age of accounts receivable is 50 days, the average age of accounts ...

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Westley Company's average age of accounts receivable is 50 days, the average age of accounts ...

Westley Company's average age of accounts receivable is 50 days, the average age of accounts payable is 45 days, and the average age of inventory is 72 days. Assuming a 365-day year, what is the length of its cash conversion cycle?

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Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

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