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Wampc normally turns over inventory 25 times per year

W&C is examining its cash conversion cycle. The company expects its cost of goods sold, which equal 85% of sales, to equal $770,000 this year. W&C normally turns over inventory 25 times per year, account receivable are turned over 8 per year, and the accounts payable turnover is 40. What is the cash conversion cycle?

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Finance Basics: Wampc normally turns over inventory 25 times per year

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