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You have recently been hired to improve the performance of Multiplex Corporation which has been experiencing a severe cash shortage.As one part of your analysis, you want to determine the firm's cash conversion cycle.Using the following information and a 360-day year, what is your estimate of the firm's current cash conversion cycle?
Percentage
A rate, number, or amount in each hundred, used to describe proportions and comparisons between quantities.
Small for Date
A term used to describe newborns that are smaller than the average for their gestational age, often due to factors affecting growth in the womb.
Preterm
A birth that occurs 35 or fewer weeks after conception.
Gestation
The process or period of developing inside the womb between conception and birth.
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