Solved

If Swatch's Inventory Conversion Period Is 45 Days, Its Payables

Question 52

Multiple Choice

If Swatch's inventory conversion period is 45 days, its payables deferral period is 35 days, and its receivables conversion period is 50 days, then its cash conversion cycle must be days.


A) 60
B) 90
C) 30
D) cannot be determined from information given

Correct Answer:

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