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please provide steps for the correct accounts receivable and the correct answer eceivable is turned over 15 times per year, and the accounts payable turnover
please provide steps for the correct accounts receivable and the correct answer
eceivable is turned over 15 times per year, and the accounts payable turnover is 60 . Assume there are 360 days in a year. a. Calculate the cash conversion cycle. Round your answer to the nearest whole number. days b. Calculate the average balances in accounts receivable, accounts payable, and inventory. Round your answers to the nearest dollar. Accounts receivable: $ Accounts payable: $ Inventory: \$Step by Step Solution
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