1. Roberts Corporation has the following data, in thousands. Assuming a 365 -day year, what are the firm's operating cycla and cash conversion cycle? [ 6+6=12 marks] Annualsales=Annualcostofgoodssold=Inventory=Accountsrecelvable=$11,500,000$9,200,000$1,800,000$2,800,000 Accountspayable=$1,900,000