Based on the Following Information,determine the Venture's Cash Conversion Cycle

question 36

Multiple Choice

Based on the following information,determine the venture's cash conversion cycle: Inventory-to-sale conversion period = 112.9 days; Sale-to-cash conversion period= 57.1 days; and Purchase-to-payment conversion period = 76.8 days.

• A)170.0 days
• B)189.7 days
• C)93.2 days
• D)246.8 days
• E)133.9 days

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Definitions:

Developing Countries

Developing countries are nations with lower levels of industrialization, lower standards of living, and generally, lower Human Development Index (HDI) rankings than developed countries.

Child Mortality Rates

The statistical measure of the number of deaths of children under the age of five, often expressed per 1,000 live births.

Global North

A term used to refer to the world's developed, wealthy countries, primarily located in the Northern Hemisphere.

Global South

Developing Nations in Asia, Africa, and Latin America.