Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 50 days
Average collection period = 17 days
Payables deferral period = 25 days
A) 31 days
B) 34 days
C) 38 days
D) 42 days
E) 46 days

Question

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The Answer of Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 50 days
Average collection period = 17 days
Payables deferral period = 25 days
A) 31 days
B) 34 days
C) 38 days
D) 42 days
E) 46 days

Cass & Company Has the Following Data