FUND CORP FINANCE LL+MYFINLAB >IP<
FUND CORP FINANCE LL+MYFINLAB >IP<
2nd Edition
ISBN: 9781269932110
Author: Berk
Publisher: PEARSON C
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Chapter 19, Problem 4DC
Summary Introduction

Cash Conversion Cycle: Cash conversion cycle (CCC) is the time period in which a firm converts its inventory into cash. It can be calculated as a sum of inventory days and accounts receivable days less accounts payable.

To determine:

Change in cash conversion cycle of Company W over the last few years.

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