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11. a) If a company has a Current Ratio exceeding 1.0x and for the same period the Quick Ratio is less than 1.0, briefly explain

11. a) If a company has a Current Ratio exceeding 1.0x and for the same period the Quick Ratio is less than 1.0, briefly explain the reason why the Current Ratio would be greater than 1.0x and the Quick Ratio would be less than 1.0x. b) If the inventory conversion is 50 days, accounts receivable is collected in 60 days, and accounts payable are paid in 40 days, what is the cash conversion cycle? c) Not related to (b) above, if cash is received from the conversion of inventory and receipt of accounts receivable in 90 days and payables from vendors are due in 30 days, what can the company do to pay the vendors by the due date of 30 days?

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