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Bavarian Brew Has an Average Payment Period of 35 Days,an

Question 17

Multiple Choice

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


A) 24 days
B) 51 days
C) 16 days
D) 38 days

Correct Answer:

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