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Calculate the 2014 cash conversion cycle for the following company using the information below. 12/31/2013 Inventory = $175M 12/31/2014 Inventory = $150M 2014 COGS =

Calculate the 2014 cash conversion cycle for the following company using the information below.

12/31/2013 Inventory = $175M 12/31/2014 Inventory = $150M

2014 COGS = $400M 2014 Credit Sales = $650M

12/31/2013 Accts Pay = $80M 12/31/2014 Accts Pay = $70M

12/31/2013 Accts Rec = $120M 12/31/2014 Accts Rec = $150M

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