What is the length of the cash conversion cycle for a firm with annual sales (all cash) of $280,000, an inventory conversion period of 35 days, and a payables deferral period of 25 days.
A)0 days
B)25 days
C)10 days
D)none of these

Name: What is the length of the cash conversion cycle for a firm with annual sales (all cash) of $280,000, an inventory conversion period of 35 days, and a payables deferral period of 25 days. A)0 days B)25 days C)10 days D)none of these
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Question

Quizplus · Accepted Answer

CCC = 35 - 25 = 10 days

What Is the Length of the Cash Conversion Cycle for a Firm