题目
题目

FINANCE 251 Quiz 8 (Topic 6)

简答题

Renald Company Limited estimates that it takes the company 21 days on average to pay off its suppliers. It also knows that it has days' sales in inventory of 43 days and days sales' outstanding of 44 days. What is its cash conversion cycle? Round final answers to 4 decimal places.

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思路分析
The question asks for the cash conversion cycle (CCC) for Renald Company Limited, given the following day-based metrics: average payables period (DPO) = 21 days, days inventory outstanding (DIO) = 43 days, and days sales outstanding (DSO) = 44 days.......Login to view full explanation

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