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    BP Has an Average Age of Inventory of 70 Days
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BP Has an Average Age of Inventory of 70 Days

Question 160

Question 160

Multiple Choice

BP has an average age of inventory of 70 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) 15
B) 40
C) 55
D) 85

Correct Answer:

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