Based on the Following Information, Determine the Venture's Cash Conversion

question 23

Multiple Choice

Based on the following information, determine the venture's cash conversion cycle: inventory-to-sale conversion period = 112.9 days; sale-to-cash conversion period = 57.1 days; and purchase-to-payment conversion period = 76.8 days.

• A)170.0 days
• B)189.7 days
• C)93.2 days
• D)133.9 days

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Definitions:

Operating Segments

Parts of an enterprise that engage in business activities from which it may earn revenues and incur expenses, often reported separately in financial disclosures for analysis.

Reportable

Refers to information or data that must be disclosed or presented officially, often within financial statements or to regulatory bodies.

Reportable Segments

Portions of a business that can be separated for analysis and reporting purposes, typically based on certain criteria like products, services, or geographic locations.