The Bobblehead Company Has an Accounts Receivable Turnover of 36

question 55

Multiple Choice

The Bobblehead Company has an Accounts Receivable turnover of 36 days,an inventory turnover of 77 days and an Accounts Payable turnover of 40 days.Bobblehead's cash conversion cycle is:

• A)153 days.
• B)81 days.
• C)73 days.
• D)1 day.

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