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What is the firm cash conversion cycle

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problem 1: Desai Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Do not round intermediate calculations. Round to the nearest whole day.

Annual sales =$45,000
Annual cost of goods sold =$22,500
Inventory =$4,500
Accounts receivable =$1,800
Accounts payable =$2,500

Reference no: EM132879244

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