If for firm ABC

$$Cost of goods sold $=30,000,$ Sales $=40000$

$$Beginning inventories $=1,500$

$$Ending inventories $=2500$

$$Beginning account receivables $=3,000$

$$Ending account receivables $=5,000$

$$Beginning account payables $=3500$

$$Ending account payables $=6,500$

The firm$$s cash conversion cycle is $($Assume $360$ working days in a Year$)$:

Question $1$Answer

a$.$

none of the options

b$.$

$72$ days

c$.$

$120$ days

d$.$

$0$ days