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    Principles of Managerial Finance
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    Exam 15: Working Capital and Current Assets Management
  5. Question
    A Firm Has a Cash Conversion Cycle of 120 Days
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A Firm Has a Cash Conversion Cycle of 120 Days

Question 336

Question 336

Multiple Choice

A firm has a cash conversion cycle of 120 days, an average collection period of 25 days, and an average payment period of 50 days. The firm's average age of inventory is ________ days.


A) 45
B) 95
C) 125
D) 145

Correct Answer:

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