FastChips Semiconductors has inventory days of 75, accounts receivable days of 50, and accounts payable days of 110. What is its cash conversion cycle? The cash conversion cycle is days. (Round to the nearest integer.)

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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FastChips Semiconductors has inventory days of 75, accounts receivable days of 50, and accounts payable days of 110. What is its cash conversion cycle?
The cash conversion cycle is
days. (Round to the nearest integer.)
C
Transcribed Image Text:FastChips Semiconductors has inventory days of 75, accounts receivable days of 50, and accounts payable days of 110. What is its cash conversion cycle? The cash conversion cycle is days. (Round to the nearest integer.) C
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