Edmonton Inc.'s cash conversion cycle is 45 days, its inventory conversion period is 24 days and its payables deferral p
Posted: Wed Mar 30, 2022 3:42 pm
Edmonton Inc.'s cash conversion cycle is 45 days, its inventory
conversion period is 24 days and its payables deferral period is 40
days. What is Edmonton Inc's receivables collection period?
a. 64
b. 85
c. 66
d. 69
DO NOT COPY FROM answers, OR I HAVE TO REPORT.
conversion period is 24 days and its payables deferral period is 40
days. What is Edmonton Inc's receivables collection period?
a. 64
b. 85
c. 66
d. 69
DO NOT COPY FROM answers, OR I HAVE TO REPORT.