What is the firm cash conversion cycle

Reference no: EM131930481

Question: ABC has 37 million of accounts receivable, 30 million of inventory and 64 million of accounts payable. Its average daily sales are 955,000 and its gross profit margin is 30 percent. What is the firm's cash conversion cycle? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131930481

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