medium · Principles of Finance financial-statements-markets-wc
A firm has $200 in Accounts Receivable, $300 in Inventory, and $100 in Accounts Payable.
If annual Sales are $3,650 and COGS is $1,825, what is the Cash Conversion Cycle (CCC)?
- 80 days
- 100 days
- 40 days
- 60 days
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