(Answered) Bagpipe companys days sales outstanding is 50 days on a

Management Studies

Bagpipe company's days sales outstanding is 50 days (on a 365-day basis). The company's accounts receivable equal $100 million and its balance sheet shows inventory equal to $125 million. The company's payables deferral period (accounts payable divided by daily purchases) is 40 days. What is the length of the company's cash conversion cycle?

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Business Management, Management Studies

Category:- Business Management
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