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Compute cash conversion cycle of jenny processing company

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Question - JENNY Processing Company is engaged in the manufacture of rattan furniture primarily designed for the foreign market. The inventory conversion period of JENNY is 40 days on average while its payable deferral period is 20 days on average. The company, based on its past year's experience, has a receivable collection period of 15 days. Compute the cash conversion cycle of JENNY Processing Company.

Reference no: EM133073212

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