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Calculate the accounts receivable period, accounts payable periods, inventory period, operating cycle, and cash conversion cycle for the following firm. Assume that the following data
Calculate the accounts receivable period, accounts payable periods, inventory period, operating cycle, and cash conversion cycle for the following firm. Assume that the following data is from an annual financial report. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.) Income statement data Sales Cost of goods sold $3,500 3,000 Balance sheet data Inventory Accounts receivable Accounts payable $ 445 105 208 Accounts receivable period days Inventory period days Accounts payable period days Operating cycle days Cash conversion cycle days
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