Determine the length of the cash conversion cycle
The Zocco Corporation has an inventory conversion period of 75days, an average collection period of 38 days, and a payable deferral period of 30 days.
a. What is the length of the cash conversion cycle?
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The Zocco Corporation has an inventory conversion period of 75days, an average collection period of 38 days. What is the length of the cash conversion cycle?
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