Whittington Inc. has the following data. What is the firm\'s cash conversion cyc
ID: 2378990 • Letter: W
Question
Whittington Inc. has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 41 days Average collection period = 31 days Payables deferral period = 38 days Answer 31 days 34 days 37 days 41 days 45 days Whittington Inc. has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 41 days Average collection period = 31 days Payables deferral period = 38 days Whittington Inc. has the following data. What is the firm's cash conversion cycle? Inventory conversion period = 41 days Average collection period = 31 days Payables deferral period = 38 days 41 days 31 days 38 days 31 days 34 days 37 days 41 days 45 days Inventory conversion period = 41 days Average collection period = 31 days Payables deferral period = 38 daysExplanation / Answer
firm's cash conversion cycle = Inventory conversion period + Average collection period-Payables deferral period
=41+31-38 = 34 days
34 days
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