Cash Conversion Cycle: Wolfgang Electricals Estimates That It Takes the Company

question 58

Multiple Choice

Cash conversion cycle: Wolfgang Electricals estimates that it takes the company 31 days on average to pay off its suppliers. It also knows that it has days' sales in inventory of 54 days and days sales' outstanding of 34 days. What is its cash conversion cycle?

• A) 119 days
• B) 34 days
• C) 57 days
• D) 46 days

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