A company has a collection period of 37.5 days, an inventory period of

A company has a collection period of 37.5 days, an inventory period of 93.4 days, and a payables turnover of 48.12. Calculate the cash conversion cycle.

A) 82.78
B) 130.9
C) 123.31
D) 85.62
E) 120.31

 

 

ANSWER

C

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