Exhibit 19-3
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 7

Multiple Choice

Exhibit 19-3
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
You are provided with the following information for a company. $\begin{array}{llcc} \text { Net Annual Sales } &60000\\ \text { Average Receivables } &1200\\ \text { COGS } &35000\\ \text { Average Inventory } &3000\\ \text { Average Trade Payables } &1500\\\end{array}$

-Refer to Exhibit 19-3. Calculate the cash conversion cycle.

• A) 27
• B) 46
• C) 26
• D) 55
• E) 22

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Definitions:

Egoistic Suicide

A concept in sociology, described by Emile Durkheim, referring to the act of taking one's own life due to a lack of social integration and a sense of not belonging.

Anomic Suicide

The type of suicide occurring when there are disintegrating forces in the society that make individuals feel lost or alone.

Labeling Theory

A sociological theory suggesting that deviance and conformity result not so much from what people do but from how others respond to those actions.

Social Attachment

Emotional bonds and connections formed between individuals, fostering feelings of safety, security, and belonging.