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What will the cash conversion cycle for the company be

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Reference no: EM132757803

Problem 1: A company takes 32 days to collect from its debtors and 45 days to pay its creditors. It holds its stock for an average of 90 days before selling it. What will the cash conversion cycle for the company be?

a) 103 days
b) 77 days
c) 122 days
d) 13 days

Reference no: EM132757803

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