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Consider the Following Information for the Question(s)below

Question 5

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Consider the following information for the question(s) below.
Hammond Motors had sales of $35 million in 2019 with a cost of goods sold of $20 million.A simplified balance sheet for Hammond appears below (amounts in $ million) : Consider the following information for the question(s) below. Hammond Motors had sales of $35 million in 2019 with a cost of goods sold of $20 million.A simplified balance sheet for Hammond appears below (amounts in $ million) : -Hammond's cash conversion cycle in 2019 is closest to: A) 22 days. B) 44 days. C) 58 days. D) 66 days.
-Hammond's cash conversion cycle in 2019 is closest to:


A) 22 days.
B) 44 days.
C) 58 days.
D) 66 days.

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