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A firm purchased raw materials on account and paid for them within 30 days. The raw materials were used in manufacturing a finished good sold on account 100 days after the raw materials were purchased. The customer paid for the finished good 60 days later. The firm's cash conversion cycle is ________ days.
Dividend Yield
A financial metric that compares a company's annual dividend payments to its stock price.
Shares
Units of ownership interest in a corporation or financial asset, providing a portion of the ownership to the shareholder.
Geometric Average
The average rate of return for a set of values calculated by multiplying them together and then taking the nth root (where n is the total number of values).
Arithmetic Average
A calculated central value of a set of numbers by adding all numbers and dividing by the count of numbers.
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