15 Using the following information and a 365-day year, what is the firm's present cash conversion cycle (CCC)? Average inventory = Annual sales = Annual cost of goods sold = Average accounts receivable = Average accounts payable deferral period = $50,000 $658,700 $462,000 $48,900 40days 58.121212 days 50.405611 days 28.598719 days 26.598719 days 104.598718 days