A firm has an average age of inventory of 100 days, an average collection period of 40 days, and an average payment period of 30 days.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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A firm has an average age of inventory of 100 days, an average collection period of 40 days, and an average payment period of 30 days.  The firm's cash conversion cycle is?

 

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