Solved

Cass & Company Has the Following Data ?
A) 46 Days
B) 30 Days
C) 45 Days

Question 54

Multiple Choice

Cass & Company has the following data.What is the firm's cash conversion cycle?  Inventory Conversion Period =47 days  Receivables Collection Period =17 days  Payables Deferral Period =25 days \begin{array} { l l } \text { Inventory Conversion Period } = & 47 \text { days } \\\text { Receivables Collection Period } = & 17 \text { days } \\\text { Payables Deferral Period } = & 25 \text { days }\end{array}
?


A) 46 days
B) 30 days
C) 45 days
D) 39 days
E) 38 days

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions