Which of the Following Best Describes the Inventory Conversion Period

question 79

Multiple Choice

Which of the following best describes the inventory conversion period for a company?

• A)The time between when goods arrive at the company and when they are sold.
• B)The time between when goods arrive at the company and when the cash is collected from their sale.
• C)The time between when goods are paid for and when they are sold.
• D)The time between when good are paid for and when the cash is collected from their sale.