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papahomer papahomer
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7 years ago
Abbot Corporation has an average collection period of 49 days, an inventory conversion period of 83 days, and a payables deferral period of 36 days. What is Abbott's cash conversion cycle?
A) 96 days
B) 70 days
C) 85 days
D) 132 days
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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David_hessDavid_hess
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7 years ago
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papahomer Author
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7 years ago
Thank you, thank you, thank you!
nadiia
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This calls for a celebration Person Raising Both Hands in Celebration
hmonier
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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