Abbot corporation has an average collection period of 49


Abbot Corporation has an average collection period of 49 days, an inventory conversion period of 83 days, and a payables deferrable period of 36 days. What is Abbott's cash conversion cycle?

Answer

96 days

70 days

132 days

85 days

 

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Finance Basics: Abbot corporation has an average collection period of 49
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