34. The company currently calculates its Days Receivables at 32 days, its Days Payables at 41 days and its Days Inventory at 58 days. What is the cash conversion cycle for the company? Group of answer choices 131 Days 49 Days 69 Days 99 Days
34. The company currently calculates its Days Receivables at 32 days, its Days Payables at 41 days and its Days Inventory at 58 days. What is the cash conversion cycle for the company? Group of answer choices 131 Days 49 Days 69 Days 99 Days
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
34. The company currently calculates its Days Receivables at 32 days, its Days Payables at 41 days and its Days Inventory at 58 days. What is the cash conversion cycle for the company?
Group of answer choices
131 Days
49 Days
69 Days
99 Days
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