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8. [Cash Conversion Cycle] Two years of financial statement data for the Munich Export Corporation are shown below. A. Calculate the inventory-to-sale, sale-to-cash, and purchase-to-payment

image text in transcribed 8. [Cash Conversion Cycle] Two years of financial statement data for the Munich Export Corporation are shown below. A. Calculate the inventory-to-sale, sale-to-cash, and purchase-to-payment conversion periods for Munich Exports for 2019. B. Calculate the length of Munich Exports' cash conversion cycle for 2019

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