单选题 An analyst does research about cash conversion cycle and gathers the following information about two companies 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 company 1 is most likely:
A. less than that of company 2.
B. equal to that of company 2.
C. more than that of company 2.

【正确答案】 B
【答案解析】[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。