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Accounts payable, end of year Accounts receivable, net, end of year Inventory, end of year Net sales Cost of goods sold ($ millions) $ 49,049

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Accounts payable, end of year Accounts receivable, net, end of year Inventory, end of year Net sales Cost of goods sold ($ millions) $ 49,049 17,874 4,855 229, 234 141,048 Use the information above to compute the number of days in the cash conversion cycle for Apple. (Use 365 days in a year. Round calculations to the nearest whole day. Negative numbers should be indicated by a minus sign.) Cash conversion cycle 36 days

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