The following information relates to Dane Corporation.
Inventory conversion period 55.8 days
Days sales outstanding 23.9 days
Days payables outstanding 32.5 days
The cash conversion cycle of the company is:?
A. ?56.4 days.
B. ?112.2 days.
C. ?79.7 days.
D. ?64.4 days.
E. ?47.2 days.
Answer: E
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