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    Contemporary Financial Management Study Set 1
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    Exam 16: Working Capital Management
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    The Firm's Inventory Conversion Period (Measured in Days) Is Equal
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The Firm's Inventory Conversion Period (Measured in Days) Is Equal

Question 28

Question 28

Multiple Choice

The firm's inventory conversion period (measured in days) is equal to its average inventory divided by its .


A) cost of sales
B) sales
C) cost of sales/365
D) none of these

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