The following information relates to Gear Corporation.
Inventory conversion period 68.2 days
Receivables collection period 35.8 days
Payables deferral period 24.6 days
The cash conversion cycle of the company is:?
A. ?128.6 days.
B. ?79.4 days.
C. ?57.0 days.
D. ?79.2 days.
E. ?60.4 days.
Answer: B
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