Luther Industries had sales of $953 million and a cost of goods sold of $560 million in 2019. A simplified balance sheet for the firm appears below. Luther's cash conversion cycle is closest to: Luther Industries Balance Sheet As of December 31, 2019 Assets $ millions Liabilities and Equity $ millions Cash 25 Accounts payable 60 Accounts receivable 85 Notes payable 425 Inventory 90 Accruals 45 Total current assets 200 Total current liabilities 530 Net plant, property, and 6100 Long term debt 2725 equipment Total liabilities 3255 Common equity 3045 Total liabilities and Total assets 6300 6300 equity Select one: O a. 91 days Ob. 52 days O c. 65 days O d. 47 days