A firm has a cash conversion cycle of 60 days and average payment period of 40 days. The firm's operating cycle is ________ days.
A) 20
B) 100
C) 50
D) 30

Name: A firm has a cash conversion cycle of 60 days and average payment period of 40 days. The firm's operating cycle is ________ days. A) 20 B) 100 C) 50 D) 30
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The Answer of A firm has a cash conversion cycle of 60 days and average payment period of 40 days. The firm's operating cycle is ________ days.
A) 20
B) 100
C) 50
D) 30

A Firm Has a Cash Conversion Cycle of 60 Days