Mark's Manufacturing's average age of accounts receivable is 45 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash conversion cycle?
A. 63 days
B. 67 days
C. 70 days
D. 74 days
E. 78 days
Answer: D
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