A firm has an average age of inventory of 65 days, an average collection period of 45 days, and an average payment period of 30 days.  The firm's cash conversion cycle is a. 110 days b. 45 days c. 75 days d. 80 days

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Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.