A company has 30 days in payables, 15 days in inventory, and 20 days sales outstanding. How many days are in the company's cash conversion period?
A) 5
B) 25
C) 45
D) 65

Question

Quizplus · Accepted Answer

The Answer of A company has 30 days in payables, 15 days in inventory, and 20 days sales outstanding. How many days are in the company's cash conversion period?
A) 5
B) 25
C) 45
D) 65

A Company Has 30 Days in Payables, 15 Days in Inventory