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mantparn mantparn
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7 years ago
A firm has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. The firm's cash conversion cycle is ________ days.
A) 15
B) 45
C) 75
D) 135
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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#1
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7 years ago
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mantparn Author
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#2
7 years ago
Thanks again for helping me in my management class!
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