Length of the firm cash conversion cycle

Reference no: EM13151859

For the Cook County Company, the average age of accounts receivable is 60 days, the average age of accounts payable is 45 days, and the average age of inventory is 72 days. Assuming a 365-day year, what is the length of the firm's cash conversion cycle?

87 days
90 days
65 days
48 days
66 days

Reference no: EM13151859

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