The following information relates to Gear Corporation. Inventory conversion period 68.2 days
Receivables collection period 35.8 days
Payables deferral period 24.6 days
The cash conversion cycle of the company is:
A) 128.6 days.
B) 79.4 days.
C) 57.0 days.
D) 79.2 days.
E) 60.4 days.
Correct Answer:
Verified
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