Multiple Choice
Based on the following information, determine the venture's cash conversion cycle: inventory-to-sale conversion period = 112.9 days; sale-to-cash conversion period = 57.1 days; and purchase-to-payment conversion period = 76.8 days.
A) 170.0 days
B) 189.7 days
C) 93.2 days
D) 133.9 days
Correct Answer:
Verified
Correct Answer:
Verified
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