Cass & Company has the following data: Inventory conversion period 50 days Receivables collection period 17 days Payables deferral period 25 days What is the firm's cash conversion cycle?
Cass & Company has the following data: Inventory conversion period 50 days Receivables collection period 17 days Payables deferral period 25 days What is the firm's cash conversion cycle?
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 3P
Related questions
Question
What is the firm's cash conversion cycle on this accounting question?

Transcribed Image Text:Cass & Company has the following data:
Inventory conversion period 50 days
Receivables collection period 17 days
Payables deferral period
25 days
What is the firm's cash conversion cycle?
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