Use the Table for the Question(s)below

question 88

Multiple Choice

Use the table for the question(s) below.
Luther Enterprises Ltd had sales of $850 million and a cost of goods sold of $500 million in 2016.
A simplified balance sheet for the firm appears below:
-Luther's 'cash conversion cycle' is closest to:

• A)71 days.
• B)64 days.
• C)66 days.
• D)129 days.

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Definitions:

Threats

Expressions of intent to cause harm or adverse action against someone or something.

Reflective Responding

A communication technique where the listener mirrors back the speaker's message to demonstrate understanding or to clarify.

Speaking

The act or process of conveying thoughts, opinions, or information verbally.

Listening

The act of actively and attentively receiving information, sounds, or messages from others, often highlighted as a crucial skill in effective communication.