An analyst has calculated the following ratios for a company

Calculate, classify, and interpret activity, liquidity, solvency, profitability and valuation ratios.Evaluate overall working capital effectiveness of a company, using the operating and cash conversion cycles, and compare its effectiveness with other peer companies.The cash conversion cycle = number of days of inventory + number of days of receivables – number of days of payables =48 +37 –28 =57.

A.57 days.

Cash conversion cycle = receivable collection period+inventory turnover-payable payment period =48 +37 –28 =57

57 days  

dddddddddddddddddd