The cash conversion cycle
A) shows how long the company keeps its inventory before selling it.
B) begins when the company invests cash to purchase the raw materials that would be used to produce the goods that the company manufactures.
C) begins when the company uses its cash to purchase raw materials and ends when the company collects cash payments on its credit sales.
D) estimates how long it takes on average for the company to collect its outstanding accounts receivable balance.

Question

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The Answer of The cash conversion cycle
A) shows how long the company keeps its inventory before selling it.
B) begins when the company invests cash to purchase the raw materials that would be used to produce the goods that the company manufactures.
C) begins when the company uses its cash to purchase raw materials and ends when the company collects cash payments on its credit sales.
D) estimates how long it takes on average for the company to collect its outstanding accounts receivable balance.

The Cash Conversion Cycle