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    Entrepreneurial Finance Study Set 5
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    Exam 6: Managing Cash Flow
  5. Question
    The Cash Conversion Cycle Is the Amount of Time Taken
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The Cash Conversion Cycle Is the Amount of Time Taken

Question 40

Question 40

True/False

The cash conversion cycle is the amount of time taken to buy materials and produce a finished good plus the time needed to collect sales made on credit minus the time taken to pay suppliers for purchases on credit.

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