Multiple Choice
Based on the following information, determine the venture's inventory-to-sale conversion period: cash conversion cycle = 250 days; sale-to-cash conversion period = 60 days; and purchase-to-payment conversion period = 70 days.
A) 70 days
B) 140 days
C) 240 days
D) 260 days
Correct Answer:
Verified
Correct Answer:
Verified
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