Find what is the cash conversion cycle

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Problem 1: A firm has revenues of $8,000,000 and COGS = 50% of revenues. Receivables = $800,000, Inventory = $500,000, and Payables = $300,000. What is the cash conversion cycle?

Select one:

a. 82.1 days
b. 54.7 days
c. 45.6 days
d. 27.4 days
e. 36.5 days

Reference no: EM132908775

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