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

---

Definitions:

Physical Abuse

Harm or injury inflicted on a person's body through forceful or violent actions by another.

Occurrence Policy

An insurance policy covering claims made for incidents that occur during the policy period, regardless of when the claim is filed.

Double Limit Coverage

Insurance coverage that allows for doubling the normal limit of coverage for certain events under specific conditions.

Slander

The act of making false and damaging statements about someone to a third party, damaging their reputation.