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BP Has an Average Age of Inventory of 60 Days

Question 171

Multiple Choice

BP has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. Based on this information, BPs cash conversion cycle is ________ days.


A) 55
B) 65
C) 75
D) 85

Correct Answer:

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