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mantparn mantparn
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7 years ago
The difference between the number of days resources are tied up in the operating cycle and the number of days a firm can use spontaneous financing before payment is made is the ________.
A) cash conversion cycle
B) average payment period
C) operating cycle
D) average age of inventory
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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7 years ago
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mantparn Author
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#2
7 years ago
Thanks for the assistance, I've marked your post as best answer
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