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Check My Work (10 remaining) eBook Zone Corporation has an inventory conversion period of days, an average collection period of 45 days, and a payables

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Check My Work (10 remaining) eBook Zone Corporation has an inventory conversion period of days, an average collection period of 45 days, and a payables deferral period of 23 days. Assume 15 days in year for your calculations What is the length of the cash conversion cyce Round your answer to two decimal places. days b. # Zane's annual sales are $9,160,610 and at sales are on credit, what is the investment in accounts receive? Do not round Intermediate calculations, Round your answer to the nearest cent. c. How many times per year does Zane turn over its inventory? Assume that the cost of goods sold 75% of sales. Use sales in the numerator to calculate the turnover ratio. Do not round Intermediate calculations. Round your answer to two decimal places times Check My Work (10 remaining) Check My Work (o maining Book Zane Corporation has an inventory conversion period of 14 days, an average collection period of 45 days, and a payables deferral period of 23 days. Assume 365 days in year for your calculations * What is the length of the cash conversion cycle? Round your answer to two decimal places days . Ir Zane's annual sales are $),160,610 and all sales are on credit, what is the investment in accounts receivable? Do not round intermediate calculations, Round your answer to the nearest cent 5 How many times per year dons Zane tum over its inventory? Assume that the cost of goods sold is 75% of sales. Use sales in the numerator to calculate the turnover ratio. Do not round intermediate calculations. Round your answer to two decimal places times Check My Work (to remaining)

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