Question 11 In the period of rising prices, LIFO Inventories are marked lower than under FIFO. True False Question 12 Quick ratio uses cash, marketable securities, and inventories in the numerator. True. False. Question 13 2 points Sane Antwe Days' sales outstanding is 60 days days' inventory outstanding is 45 days and days' payable outstanding is 35 days. Calculate the cash conversion cycle 95 days 50 days 70 days 140 days