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Business, 18.12.2019 22:31 lizr7038

Plainville corporation has the following data, in thousands. assuming a 365-day year, what is the firm's cash conversion cycle? annual sales = $600,000 annual cost of goods sold = $360,000 inventory = $75,000 accounts receivable = $160,000 accounts payable = $25,000

a. 120.6 days
b. 126.9 days
c. 133.6 days
d. 140.6 days
e. 148.0 days

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