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Assess Grid Co. has the following financial data: Sotck (Inventory) Stock (Inventory) $ 2,000,000 Accounts receivable (debtors) $ 1,600,000 Accounts payable (creditors) $ 800.00 Sales

Assess Grid Co. has the following financial data:

Sotck (Inventory)

Stock (Inventory) $ 2,000,000
Accounts receivable (debtors) $ 1,600,000
Accounts payable (creditors) $ 800.00
Sales $ 50,000,000
Cost of Sales $ 20,000,000

Determine the following:

a) Inventory conversion period

b) Debtors collection period

c) Payable credit period

d) Cash conversion cycle

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