medium · Corporate Credit Analysis
A manufacturer is growing revenue from $2.0 billion to $2.5 billion. The company has a Cash Conversion Cycle (CCC) of 90 days.
Using the 365-day convention, what is the estimated incremental working capital absorption required to fund this growth?
- $82.2 million
- $450.0 million
- $11.1 million
- $123.3 million
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