Inmoo Company's Average Age of Accounts Receivable Is 45 Days,the

question 95

Multiple Choice

Inmoo Company's average age of accounts receivable is 45 days,the average age of accounts payable is 40 days,and the average age of inventory is 69 days.Assuming a 365-day year,what is the length of its cash conversion cycle?

• A)63 days
• B)67 days
• C)70 days
• D)74 days
• E)78 days

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Definitions:

Political Rights

The rights of citizens to participate in the political process, including voting rights, the right to run for public office, and the ability to express political opinions freely.

Gender-Role Expectations

Societal norms and beliefs about the behaviors, interests, and roles appropriate for men and women.

Infancy

The period of early childhood development from birth to around two years of age, marked by rapid physical and cognitive growth.

Puberty

A developmental phase in which a child's body transitions into an adult body capable of sexual reproduction, marked by physical and hormonal changes.