Question
If company's operating cycle (inventory days +
receivables days) = 120 days and payables days = 40 days, cash conversion cycle = ?Solution
Cash Conversion Cycle (CCC) = Inventory Days + Receivable Days β Payable Days = 120 β 40 = 80 days.
If βAβ, βBβ and βCβ are in proportion in the given order while βAβ = 27 and βBβ = 63, then find the value of βCβ.
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