Multiple Choice
Westley Company's average age of accounts receivable is 50 days,the average age of accounts payable is 45 days,and the average age of inventory is 72 days.Assuming a 365-day year,what is the length of its cash conversion cycle?
A) 66
B) 69
C) 73
D) 77
Correct Answer:
Verified
Correct Answer:
Verified
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