Brothers Breads has the following data.What is the firm's cash conversion cycle?
Inventory conversion period =
50 days
Average collection period =
17 days
Payables deferral period =
25 days
A) 31 days
B) 34 days
C) 38 days
D) 42 days
E) 46 days

Question

Quizplus · Accepted Answer

The Answer of Brothers Breads has the following data.What is the firm's cash conversion cycle?
Inventory conversion period =
50 days
Average collection period =
17 days
Payables deferral period =
25 days
A) 31 days
B) 34 days
C) 38 days
D) 42 days
E) 46 days

Brothers Breads Has the Following Data