ckboard QUESTION 12 Find the sale-to-cash conversion period for ABC venture for the year 2006. See below for the IS and BS ABC Income Statement Ending Dec.31st 2006 $1,800,000 1,080,000 720,000 180,000 500,000 80,000 40,000 90,000 130,000 3,000,000 1,800,000 1,200,000 300,000 500,000 80,000 320,000 120,000 200,000 50,000 150,000 Net Sales coGS Gross Prott Marketing Expenses General Administrative (G&A)Expenses Depreciation expense EBIT -Interest EBT Taxes -130,000 Net Income 70,000 Dividends 80.000 Change in Retained Eamings ABC Ralance Chaat Endinn nar 31st ers to save all answers Click Save and Submit to save and submit. Click Save All Answ