a) Calculate the Receivables Conversion Period for Innovation Inc.

b) Calculate the Cash Conversion Cycle for Innovation Inc

c) Calculate the Payables Conversion Period for Innovation Inc.

d) Calculate Inventory Conversion Period for Innovation Inc.

given the following information. Use 365 to get an average:

Inventory = $5,600

COGS = $30,600

A/R = $3,200

Revenues = $40,500

Purchases = $13,250

A/P = $2,100