A $2,600.000 $3,575,000 $2,925,000 Question 13 5 pts Megalops has an inventory conversion period of 70 days, an average collection period of 38 days, and a payables deferral period of 32 days. Assume that cost of goods sold is 75% of sales. If annual sales are $7.0 million how many times per year did Megalops turn over its inventory? 4.87x 3.95x 5.21x 4.62x 5 pts Question 14 Given the information below, calculate the EBITDA coverage ratio for the firm. Key financial information: 1967 29.2 Accounts payable