Columbus Corp. has annual sales of $60,000,000 and annual cost of the good sold receivable is $10,000,000. The firm buys all raw materials on terms of net 35 days, and it pays on time. The firm is searching for ways to shorten the cash conversion cycle. If sales and cost of good sold can be maintained at existing levels while lowering inventory by $3,560,000 and lowering accounts receivable by $1,750,000, by how many days would the cash conversion cycle be changed? Use a 365-day year. (5 points) 5. 0; its average inventory is $15,000,000; and its average accounts