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

Multiple Choice

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

A) 31 days
B) 34 days
C) 37 days
D) 41 days
E) 45 days