What is the firm cash conversion cycle

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Reference no: EM131546371

ABC, Inc. has been experiencing cash shortages due to its high growth rate. Using the following information, what is the firm's Cash Conversion Cycle? (Round to one decimal place.) Average inventory = $ 75,000 Annual sales = $600,000 Annual cost of goods sold = $360,000 Average accounts receivable = $160,000 Average accounts payable = $ 25,000.

Reference no: EM131546371

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