Average daily sales of Chase Pumping Goods are Rs. 100,000. Average accounts receivable of Chase has Rs. 2 million and in inventory Rs.5 million. The company’s payables deferral period is 30 days....



Average daily sales of Chase Pumping Goods are Rs. 100,000. Average accounts receivable of Chase has Rs. 2 million and in  inventory Rs.5 million. The company’s payables deferral period is 30 days.



What is the length of the company’s cash conversion cycle?




Jun 02, 2022
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