A-D

H Cash conversion cycle American Products is concerned about managing cash efficiently on the average, inventories have an age of 76 days and accounts recolvable are collected in 3 days Accounts payable are paid approximately 27 days after they arise. The firm has annual sales of about 540 million Cost of goods sold are 519 million, and purchases are 513 million a. Calculate the firm's operating eye b. Calculate the firm's cash conversion cycle c. Calculate the amount of resources needed to support the firm's cash conversion cycle d. Discuss how management might be able to reduce the cash conversion cycle a. American Products operating cycle OCS days Round to the nearest whole number