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Using the Information Below, Compute the Cash Conversion Cycle A) 12 Days

Question 29

Multiple Choice

Using the information below, compute the cash conversion cycle:  Days’ sales in accounts receivable  35days  Days’ sales in inventory  52days  Days’ payable outstanding  45days \begin{array}{ll}\text { Days' sales in accounts receivable } & \text { 35days } \\\text { Days' sales in inventory } & \text { 52days } \\\text { Days' payable outstanding } & \text { 45days }\end{array}


A) 12 days.
B) 87 days.
C) 42 days.
D) 47 days.
E) 51 days.

Correct Answer:

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