38 - You have recently been hired to improve the performance of Multiplex Corporation which has been experiencing a severe cash shortage. As one part of your analysis, you want to determine the firm's cash conversion cycle. Using the following information and a 360-day year, what is your estimate of the firm's current cash conversion cycle? Current inventory: $120,000 Annual sales: $600,000 Accounts payable: $25,000 Total annual purchases: $360,000 Purchases credit terms: net 30 days Receivables credit terms: net 50 days. a) 49 days b) 191 days C) 143 days d) 168 days e) 100 days Bo brak