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Laserscope Has an Inventory Conversion Period of 45 Days, a Receivables

Question 48

Multiple Choice

Laserscope has an inventory conversion period of 45 days, a receivables conversion period of 42 days, and a payables deferral period of 51 days.What is the length of its cash conversion cycle?


A) 54 days
B) 36 days
C) 48 days
D) can determine with more information

Correct Answer:

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