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
Place an order in 3 easy steps. Takes less than 5 mins.