Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period D Receivables Collection Period% D 47 days 17 days Payables Deferral Period = 25 days

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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MC.15.088
« Question 9
Cass & Company has the following data. What is the firm's cash conversion eycle?
Inventory Conversion Period =
Receivables Collection Period =
47 days
17 days
Payables Deferral Period =
25 days
O a. 30 days
O b. 38 days
O c. 39 days
O d. 46 days
O e. 45 days
Transcribed Image Text:MC.15.088 « Question 9 Cass & Company has the following data. What is the firm's cash conversion eycle? Inventory Conversion Period = Receivables Collection Period = 47 days 17 days Payables Deferral Period = 25 days O a. 30 days O b. 38 days O c. 39 days O d. 46 days O e. 45 days
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