What is the firm-s cash conversion cycle


Romano Inc. has the following data. What is the firm's cash conversion cycle?

Inventory conversion period = 38 days
Average collection period = 19 days
Payables deferral period = 20 days

i) 33 days
ii) 37 days
iii) 41 days
iv) 45 days
v) 49 days

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Finance Basics: What is the firm-s cash conversion cycle
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