Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 51 days, an average collection period of 37 days, and a payables deferral period of 20 days Assume that cost of goods sold is 80 of sales Assume a 365 day year Do not round intermediate calculations What is the length of the firm's cash conversion cycle Round your answer to the nearest whole number days If annual sales are $4,635,500 and all sales are on credit, what is the firm's investment in accounts receivable Round your answer to the nearest dollar $ How many times per year does Negus Enterprises turn over its inventory Round your answer to two decimal places Negus Enterprises has an inventory conversion period of 51 days, an average collection period of 37 days, and a payables deferral period of 20 days Assume that cost of goods sold is 80 of sales Assume a 365 day year Do not round intermediate calculations a What is the length of the firm's cash conversion cycle Round your answer to the nearest whole number days b If annual sales are $4,635,500 and all sales are on credit, what is the firm's investment in accounts receivable Round your answer to the nearest dollar $ c How many times per year does Negus Enterprises turn over its inventory Round your answer to two decimal places

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Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 51 days, an average collection period of 37 days, and a payables deferral period

Cash Conversion Cycle

What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number.

??? days

If annual sales are $4,635,500 and all sales are on credit, what is the firm's investment in accounts receivable? Round your answer to the nearest dollar.

$ ???

How many times per year does Negus Enterprises turn over its inventory? Round your answer to two decimal places.

# ??? image text in transcribed

Negus Enterprises has an inventory conversion period of 51 days, an average collection period of 37 days, and a payables deferral period of 20 days. Assume that cost of goods sold is 80% of sales. Assume a 365 -day year. Do not round intermediate calculations. a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number. days b. If annual sales are $4,635,500 and all sales are on credit, what is the firm's investment in accounts receivable? Round your answer to the nearest dollar. $ c. How many times per year does Negus Enterprises turn over its inventory? Round your answer to two decimal places