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Business, 24.03.2020 19:56 Rainbowface33

The cash conversion cycle begins when a firm uses its cash to purchase raw materials and ends when the firm collects cash payments on its credit sales. begins when a firm invests cash to purchase the raw materials that would be used to produce the goods that the firm manufactures. estimates how long it takes on average for a firm to collect its outstanding accounts receivable balance. shows how long a firm keeps its inventory before selling it.

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