Principles of Managerial Finance, 12e (Gitman) Chapter 14 ...
3) The cash conversion cycle is the total number of days in the operating cycle less the average payment period for inputs to production. Answer: T RUE Topic: C ash Conversion Cycle Question Status: P revious Edition 4) A negative cash conversion cycle (CCC) means the average payment period (APP) exceeds the operating cycle (OC). Answer: T RUE
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