You have recently been hired to improve the performance of Multiplex Corporation which has been experiencing a severe cash shortage.As one part of your analysis, you want to determine the firm's cash conversion cycle.Using the following information and a 360-day year, what is your estimate of the firm's current cash conversion cycle? 
A) 49 days
B) 143 days
C) 100 days
D) 168 days
E) 191 days
Correct Answer:
Verified
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