BP has an average age of inventory of 70 days, an average collection period of 45 days, and an average payment period of 30 days. Based on this information, BPs cash conversion cycle is ________ days.
A) 15
B) 40
C) 55
D) 85

Question

Quizplus · Accepted Answer

The Answer of BP has an average age of inventory of 70 days, an average collection period of 45 days, and an average payment period of 30 days. Based on this information, BPs cash conversion cycle is ________ days.
A) 15
B) 40
C) 55
D) 85

BP Has an Average Age of Inventory of 70 Days