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Lionheart Inc

Question 31

Multiple Choice

  Lionheart Inc.has the information shown above on its annual Income Statement and Balance Sheet (all numbers shown are in thousands) .What is Lionheart's cash conversion cycle? A) 8.3 days B) 24.4 days C) -28.0 days D) -7.7 days E) 20.1 days Lionheart Inc.has the information shown above on its annual Income Statement and Balance Sheet (all numbers shown are in thousands) .What is Lionheart's cash conversion cycle?


A) 8.3 days
B) 24.4 days
C) -28.0 days
D) -7.7 days
E) 20.1 days

Correct Answer:

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