Negus Enterprises has an inventory conversion period of 75 days, an average collection period of 35 days, and a payables deferral period of 30 days. Assume that cost of goods sold is 80% of sales. Assume a 365-day year. Do not round intermediate calculations.

What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number.	Answer 1Choose...89 days65 days$261,000$355,000$427,0004.8780 days3.618.84
If annual sales are $4,453,000 and all sales are on credit, what is the firm's investment in accounts receivable? Round your answer to the nearest dollar.	Answer 2Choose...89 days65 days$261,000$355,000$427,0004.8780 days3.618.84
How many times per year does Negus Enterprises turn over its inventory (Hint: find inventory levels using ICP))? Round your answer to two decimal places.	Answer 3Choose...89 days65 days$261,000$355,000$427,0004.8780 days3.618.84