A firm has a cash conversion cycle of 60 days and average collection period of 40 days. The firm'soperating cycle is__________ days.
A) 20
B) 50
C) 100
D) cannot be determined

Question

Quizplus · Accepted Answer

The Answer of A firm has a cash conversion cycle of 60 days and average collection period of 40 days. The firm'soperating cycle is__________ days.
A) 20
B) 50
C) 100
D) cannot be determined

A Firm Has a Cash Conversion Cycle of 60 Days