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Bluffinmuffin Bluffinmuffin
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5 months ago
Montreal Bagel Bakery collects 35% of its monthly sales immediately and the rest a month later. Its production costs are 65% of sales. It holds 1 month of sales in inventory, and pays half its bills immediately and half after 30 days. Calculate the operating cycle (OC) and the cash conversion cycle (CCC) for Montreal Bagel Bakery.

▸ OC = 35 and CCC = 65

▸ OC = 49.92 and CCC = 15

▸ OC = 0 and CCC = 30

▸ OC = 49.92 and CCC = 34.92
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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itsbreckitsbreck
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Bluffinmuffin Author
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5 months ago
Brilliant ツ
klyn
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Thanks for your help!!
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This site is awesome
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