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Sonic Corporation has an inventory conversion period of 8 7 days, an average collection period of 4 2 days, and a payables deferral period of

Sonic Corporation has an inventory conversion period of 87 days, an average collection period of 42 days, and a payables deferral period of 30 days.
a. What is the length of the cash conversion cycle of the company?
b. If Sonic's annual sales are $4.378,532 and all sales are on credit, what is the investment in accounts receivable?

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