Cash Conversion Cycle: Renald Corp

question 6

Multiple Choice

Cash conversion cycle: Renald Corp. estimates that it takes the company 27 days on average to pay off its suppliers. It also knows that it has days' sales in inventory of 43 days and days sales' outstanding of 45 days. What is its cash conversion cycle?

• A) 61 days
• B) 115 days
• C) 57 days
• D) 46 days

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Definitions:

Self-efficacy

An individual’s belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Self-disclosure

The act of revealing personal information or feelings to others.

Narcissism

A personality trait characterized by an inflated sense of self-importance, a deep need for excessive attention and admiration, troubled relationships, and a lack of empathy for others.

Self-serving Bias

A common cognitive bias that causes individuals to attribute their successes to internal factors and their failures to external factors.