The cash conversion cycle is:A- the sum of the number of days of inventory and the number of days receivable.b- the sum ...
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The cash conversion cycle is:
A- the sum of the number of days of inventory and the number of days receivable.
b- the sum of the number of days of inventory and the number of days receivable, less the number of days payable
c- the length of time it takes for the investment of cash into inventory to be returned from collected accounts
d- negatively related to a firms need for liquidity
e- none of the above.