10. Crate Plcs inventory /stock conversion period is 30 days, its payables/creditors deferral period is...
60.1K
Verified Solution
Link Copied!
Question
Finance
10. Crate Plcs inventory /stock conversion period is 30 days, its payables/creditors deferral period is 25 days, and its receivables/debtors collection period is 22 days.
What is the length of its cash conversion cycle?
a. 33 days b. 52 days c. 27 days d. 17 days
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
