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Question 4 (1 point) Use the following information and 365 days to compute the firm's cash conversion cycle. Average inventory = $75,000; Annual sales =
Question 4 (1 point) Use the following information and 365 days to compute the firm's cash conversion cycle. Average inventory = $75,000; Annual sales = $600,000; Annual cost of goods sold = $360,000; Average accounts receivable = $160,000; Average accounts payable = $25,000 120.6 days 126.9 days 133.6 days 140.6 days 148.0 days
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