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Question
The cash conversion cycle is the length of time from
a. the payment of accrued wages to manufacture a product until the sale of that product.
b. the payment of accrued wages to manufacture a product until the collection of accounts receivable associated with the sale of that product.
c. the payment for the purchase of raw materials to manufacture a product until the sale of that product.
d. the payment for the purchase of raw materials to manufacture a product until the collection of accounts receivable associated with the sale of that product.
Answer
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