3. From the following information, determine the cash conversion cycle. (5 Marks) Sales (Credit) Last four...

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3. From the following information, determine the cash conversion cycle. (5 Marks) Sales (Credit) Last four digits of your ID number If you have only 3 digits, add 0 at the end) Purchases (20 percent of Sales) Cost of Production (50 percent of sales) Cost of Goods Sold (60 Percent of Sales) Average Accounts Receivables (30 percent of Sales) Average Inventory: Raw material (30 percent of purchases) Work in Progress (30 percent of cost of production) Finished Goods (10 percent of Cost of Goods Sold) Average Accounts Payable (30 percent of purchases) 9032 3. From the following information, determine the cash conversion cycle. (5 Marks) Sales (Credit) Last four digits of your ID number If you have only 3 digits, add 0 at the end) Purchases (20 percent of Sales) Cost of Production (50 percent of sales) Cost of Goods Sold (60 Percent of Sales) Average Accounts Receivables (30 percent of Sales) Average Inventory: Raw material (30 percent of purchases) Work in Progress (30 percent of cost of production) Finished Goods (10 percent of Cost of Goods Sold) Average Accounts Payable (30 percent of purchases) 9032