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Fibble Limited Has Receivables Days of 120, Payables Days of 60

Question 34

Multiple Choice

Fibble Limited has receivables days of 120, payables days of 60 and inventory days of 90. What is Fibble Limited's cash conversion cycle?


A) - 30 days
B) + 90 days
C) + 150 days
D) + 270 days

Correct Answer:

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