What is bcp cash conversion cycle

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Buy-Cream Products (BCP) has an average accounts receivable balance of $1,250,000; an average inventory balance of $1,750,000; and an average accounts payable balance of $300,000. Its annual sales are $ 12,000,000 and its cost of goods sold represents 80% of annual sales. Annual purchases represent 75% of the cost of goods sold. Assume there are 365 days in a vear. What is BCP's cash conversion cvcle?

Reference no: EM133119449

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