Globex Corp. has forecasted sales of $30.0 million for next year and expects its cost of goods sold (COGS) to remain at 80% of sales. Currently, the firm holds $2.8 million in inventories, $2.3 million in accounts receivable, and $2.4 million in accounts payable. Approximately how long does it currently take Globex Corp. to convert raw materials to its finished products and then to sell them? (Use 365 days are the length of a year in all calculations.) 40.45 days 46.84 days 42.58 days 44.71 days On average, how long does it take from the time a sale is made until the time cash is collected from customers? Globex Corp. relies on customer credit when it buys raw materials from its suppliers. How long does it take after the firm purchases materials before it sends cash to its suppliers? What is the length of Globex Corp.'s cash conversion cycle (CCC)