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QUESTION
A firm purchased raw materials on account and paid for them within 30 days. the raw materials were used in manufacturing a finished good sold on account 100 days after the raw materials were purchased
A firm purchased raw materials on account and paid for them within 30 days. the raw materials were used in manufacturing a finished good sold on account 100 days after the raw materials were purchased. the customer paid for the finished good 60 days later. the firm's cash conversion cycle is ________ days.
