of METU Company has annual sales of $10 million, cost of goods sold of 75% of sales, and purchases that are 65% of cost of goods sold. METU has an average age of inventory (AAI) of 60 days, an average collection period (ACP) of 40 days, and an average payment period (APP) of 35 days. Instruction: a) Calculate the firm's cash conversion cycle. b) Calculate the resources METU has invested in the cash conversion cycle. in