42,43

2. An analyst has gathered the following data about a company: Average receivables collection period of 37 days. Average payables payment period of 30 days. Average inventory processing period of 46 days. What is their cash conversion cycle? A) 53 days. B) 113 days C) 45 days. 43. The following data applies to the GCI Company: Sales = $1,000,000 Receivables = $260.000 Payables = $600,000 Purchases $800.000, COGS = $800.000 Inventory = $400,000. Net Income $50,000. Total Assets = $800,000. Debt/Equity = 200% What is the average collection period, the average inventory processing period, and the payables payment period for GCI Company? Average Average Inventory Payables Payments Collection Period Processing Period Period A) 95 days . 183 days 274 days 195 days 231 days B) 55 days 45 days 45 days 132 days In assess a company's ability to meet short