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What is the exon ventures cash conversion cycle

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Reference no: EM132804422

Question - Nemo Technology Incorporated (NTI) purchases goods from its suppliers on terms of 3/15, net 40.

The following information is for Exon Ventures:

Sales (all on credit): $100,000

COGS: $80,000

Accounts Receivable: $30,000

Inventory: $15,000

Accounts Payable: $40,000

Required - What is the Exon Ventures cash conversion cycle?

Reference no: EM132804422

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