10. Crate Plcs inventory /stock conversion period is 30 days, its payables/creditors deferral period is...
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10. Crate Plcs inventory /stock conversion period is 30 days, its payables/creditors deferral period is 25 days, and its receivables/debtors collection period is 22 days.
What is the length of its cash conversion cycle?
a. 33 days b. 52 days c. 27 days d. 17 days
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