Multiple Choice
What is the length of the cash conversion cycle for a firm with annual sales (all cash) of $280,000, an inventory conversion period of 35 days, and a payables deferral period of 25 days?
A) 0 days
B) 25 days
C) 10 days
D) None of these are correct
Correct Answer:
Verified
Correct Answer:
Verified
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