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Cash Conversion Cycle Assignment | Homework For You

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May 22nd, 2020

The Newman Corporation is interested in examining its cash conversion cycle. Suppose a Mennen manager has assembled the following data for your use: The inventory turnover is 14 times a year, the receivables turnover is 10 times a year, and the payables turnover is 12 times a year. What is the cash conversion cycle (CCC)? (Enter your answer as a decimal accurate to four decimal places). Get Finance homework help todayHomework For You

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