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pompa pompa
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7 years ago
A firm has an average age of inventory of 20 days, an average collection period of 30 days, and an average payment period of 60 days. The firm's cash conversion cycle is ________ days.
A) 70
B) 50
C) -10
D) 110
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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pompa Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Just got PERFECT on my quiz
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