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BP Has a Cash Conversion Cycle of 80 Days, an Average

question 109

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BP has a cash conversion cycle of 80 days, an average collection period of 25 days, and an average age of inventory of 70 days.Based on this information, BPs operating cycle is ________ days.

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Definitions:

Public Sector

The part of the economy that is controlled by the government, encompassing public services and enterprises.

Private Sector

The part of the economy that is owned and operated by individuals and companies for profit, not controlled by the state.

Bidding

The act of offering a specific price for something, especially in the context of an auction or public sale.

Marketing Contracts

Agreements between businesses and marketing services or platforms detailing the scope, performance metrics, and payment for marketing efforts.

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