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Determine what is the length of the cash conversion cycle

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Reference no: EM132504484

Question 1: Mark's Manufacturing's average age of accounts receivable is 45 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash conversion cycle?

Option a. 74 days

Option b. 78 days

Option c. 63 days

Option d. 70 days

Option e. 67 days

Reference no: EM132504484

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