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4. The Christie Corporation has an inventory conversion period of 75 days, a receivable collection period of 38 days and a payables deferral period of

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4. The Christie Corporation has an inventory conversion period of 75 days, a receivable collection period of 38 days and a payables deferral period of 30 days. What is the length of the firm's cash conversion cycle? . if Christie's annual sales are $3,421,875 and all sales are on credit what is the firm's investment in accounts receivables? How many times per year does Christie turn over its inventory? (hannoe: 1)

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