ABC Company Limited statement of financial position and income statement for the year ended 2021 are as follows:Statement of Financial Position (in Millions of Dollars) Assets Cash 14 Inventories 40Total Assets Accounts payable receivable equipment Stockholders' Equity payable 20ther current liabilities 12 Common stock Stockholders' Equity 6 Accounts 12 Net plant and 72Liabilities and 10 Salaries and taxes 10 Long-term 38Total Liabilities and debt 72*The average inventory over the past two also equals $12 million.Income Statement (in Millions of Dollars)Net 100Cost of goods sales sold 60SG&A 15Earnings after tax 20Other expenses 5*All sales are credit sales.**assume a 365 day- yearDetermine the length of the cash conversion cycle. 73 days 55 days 124 days 69 days All of the following are examples of sophisticated capital budgeting techniques EXCEPT: discounted cash flow net present value internal rate of return payback period