Cromwell Incorporated Has the Information Shown Above on Its Annual

question 41

Multiple Choice

Cromwell Incorporated has the information shown above on its annual Income Statement and Balance Sheet (all numbers shown are in thousands) .What is Cromwell's cash conversion cycle?

• A)-41.8 days
• B)-36.1 days
• C)24.3 days
• D)111.6 days

---

Definitions:

SAT Type Score

A standardized score typically associated with college admissions tests like the SAT, used to compare students' academic aptitude.

Normal Curve

A symmetrical bell-shaped curve that represents the distribution of many types of data where most values cluster around a central mean.

Standard Deviation

Standard deviation is a statistic that measures the dispersion of a dataset relative to its mean and is used to quantify the amount of variation or dispersion of a set of data values.

Raw Scores

The initial, unadjusted scores obtained directly from tests or assessments before any normalization or conversion.