Stony Products has an inventory conversion period (ICP) of about70 days. The rec

Stony Products has an inventory conversion period (ICP) of about70 days. The receivables collection period (RCP) is 30 days. Thepayables deferral period (PDP) is about 40 days. What is Stonyscash conversion cycle (CCC)?A. 100 daysB. 60 daysC. 140 daysD. 70 daysCCC = ICP + RCP PDP = 70 days + 30 days 40 days = 60 days