Dewey Corporation Has the Following Data,in Thousands

question 100

Multiple Choice

Dewey Corporation has the following data,in thousands.Assuming a 365-day year,what is the firm's cash conversion cycle? Round your answer to the nearest day. ​

• A) 29 days
• B) 25 days
• C) 30 days
• D) 36 days
• E) 33 days

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Definitions:

Risky Securities

Financial instruments carrying a higher potential for loss, often offering greater potential returns to compensate for the increased risk.

Portfolio Variance

A measure of the dispersion of returns of a portfolio, calculated as the weighted average of the covariance of each asset in the portfolio.

Coefficient of Correlation

A statistical measure that indicates the degree to which two variables move in relation to each other, ranging from -1 to 1.