Average age of inventory
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The __________ is the time period that elapses from the point when the firm uses the raw materials in maufacturing a finished good to thge point when the finished good is sold.
cash turnover, cash conversion cycle, average age of inventory, or average collection period
I believe the answer isn't given. Too me the answer is Operating Cycle - but that isn't one of the choices & it's too components are ---- average age of inventory & average collection period. Please advise answer & why. Thanks so much.
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