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betterway betterway
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7 years ago
A firm has an average age of inventory of 101 days, an average collection period of 49 days, and an average payment period of 60 days. The firm's cash conversion cycle is ________ days.
A) 150
B) 90
C) 109
D) 11
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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betterway Author
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7 years ago
Good timing, thanks!
kriggs62
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Yesterday
Helped a lot
Shassta22
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2 hours ago
Thanks
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