Imagine a company has the following expense and income information. Calculate answers for the four empty boxes and don't forget to show your work.

Inventory 7000

Cost of Goods Sold 40,000

Accounts Receivable 5,000

Credit Sales 20,000

Account Payable 8,000

Number of Days 365

Answer questions below

Days of Inventory Outstanding?

Days Sales Outstanding?

Days of Payables Outstanding?

Cash Conversion Cycle?