Whaley & Whaley has the following data. What is the firm's cash conversion cycle?
$\begin{array}{lccc}
\text { Inventory conversion period = }& 41 days\
\text { Average collection period = }& 31 days \
\text { Payables deferral period = }& 38 day
\end{array}$

Question

Whaley & Whaley has the following data. What is the firm's cash conversion cycle?
$\begin{array}{lccc}
\text { Inventory conversion period  = }& 41 days\
\text { Average collection period  = }& 31 days \
\text { Payables deferral period = }& 38 day
\end{array}$

Quizplus · Accepted Answer

$\begin{array}{lccc}
\text { Inventory conversion period  = }& 41 days\
\text { Average collection period  = }& 31 days \
\text { Payables deferral period = }& 38 day
\end{array}$
 
CCC = Inv. conv. period + Avg. coll. period σ Pay. def. period = 34 days

Whaley & Whaley Has the Following Data A) 31 Days B) 34 Days C) 37 Days D)

Whaley & Whaley Has the Following Data A) 31 Days
B) 34 Days
C) 37 Days
D)