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aznhermit101 aznhermit101
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2 months ago
The cash conversion cycle allows firms to calculate

▸ how much working capital is needed to finance day-to-day operations.

▸ the number of days before a firm is facing bankruptcy.

▸ the number of days it takes to recover its cash.

▸ Both A and B are correct.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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chanelstar27chanelstar27
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2 months ago
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aznhermit101 Author
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2 months ago
Smart ... Thanks!
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Yesterday
Brilliant
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2 hours ago
this is exactly what I needed
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