A Firm's Inventory and Accounts Payable Periods Are 80 and 42

question 98

Multiple Choice

A firm's inventory and accounts payable periods are 80 and 42 days, respectively. How long must the firm's receivables period be in order to limit the cash conversion cycle to 65 days?

• A) 27 days
• B) 38 days
• C) 57 days
• D)103 days

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