Problem 16-11 Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 76 days, an average collection period of 50 days, and a payables deferral period of 30 days. Assume that cost of goods sold is 80% of sales. Assume 365 days in year for your calculations. What is the length of the firm's cash conversion cycle? days If Negus's annual sales are $3,203,100 and all sales are on credit, what is the firm's investment in accounts receivable? Round your answer to the nearest dollar. $ How many times per year does Negus Enterprises turn over its inventory? Round your answer to two decimal places.