c. 35. Calculate the sale-to-cash conversion period based on the following information: average inventories $120,000; average receivables $90,000; average payables $40,000; cost of goods sold $182,300; and net sales = $365,000. a. b. c. d. e. 240.0 days 180.0 days 90.0 days 60.0 days 45.0 days