单项选择题:
An analyst does research about cash conversion cycle and gathers the following information about two panies from the same industry:
Company Days of Receivables Days of Payables Days of Inventories
1 18 10 22
2 20 17 27
All else being equal, the cash conversion cycle of pany 1 is most likely:（）
A. less than that of pany 2.
B. equal to that of pany 2.
C. more than that of pany 2.
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答案：B
解析: 现金周转期(cash conversion cycle)(Company 1)=应收账款回收天数(days of receivables)+存货周转天数(days of inventory)-应付账款偿还天数(days of payables)=18+22-10=30。 现金周转期(cashconversioncycle)(Company2)=20+27-17=30。