The following information relates to Dane Corporation. Inventory conversion period 55.8 days
Days sales outstanding 23.9 days
Days payables outstanding 32.5 days
The cash conversion cycle of the company is:
A) 56.4 days.
B) 112.2 days.
C) 79.7 days.
D) 64.4 days.
E) 47.2 days.
Correct Answer:
Verified
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