What Is the Purpose of the Cash Conversion Cycle (CCC)

question 90

Multiple Choice

What is the purpose of the cash conversion cycle (CCC) ?

• A)It shows how long a firm must finance its long-term capital.
• B)It shows how long a firm must finance its operating working capital.
• C)It shows how long a firm must finance its mortgage capital.
• D)It shows how long is must finance its inventories.

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