Using the following financial statement information,
the cash conversion cycle (CCC), assuming all sales on credit and assuming that beginning inventory is equal to ending inventory, is closest to:
A) 8.0
B) 12.2
C) 78.4
D) 125.2

Question

Using the following financial statement information,
 the cash conversion cycle (CCC), assuming all sales on credit and assuming that beginning inventory is equal to ending inventory, is closest to:
A) 8.0 
B) 12.2 
C) 78.4 
D) 125.2

Quizplus · Accepted Answer

The Answer of Using the following financial statement information,
 the cash conversion cycle (CCC), assuming all sales on credit and assuming that beginning inventory is equal to ending inventory, is closest to:
A) 8.0 
B) 12.2 
C) 78.4 
D) 125.2

Using the Following Financial Statement Information