From the following ratios of a company: The cash conversion cycle is closest to: ? No. of days of {(1)Receivables 48 (2)Inventory 37 (3)Payable 28}

A

Answer is A

Cash conversion cycle = inventory days + reciveable days - payable days

cash conversion cycle =37 +48 -28 =57 days

A

A - is the answer

A

cash cycle = inventory days + receivable days - payable days 

=37 +48 -28 

equal57

answer is A

Answer a correct answer A

"a"  should be the answer

48 +37 -28 =57

A

Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payable outstanding

57 days