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Bavarian Brew Has an Average Age of Inventory of 35

Question 19

Multiple Choice

Bavarian Brew has an average age of inventory of 35 days,an average collection period of 27 days and a cash conversion cycle of 16 days.What is the company's average payment period?


A) 46 days
B) 62 days
C) 16 days
D) 19 days

Correct Answer:

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