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Westerly Industries has the following financial information. What is its cash conversion cycle? (Hint: Use a 365-day year.) Sales $100,000Cost of Goods Sold80,000Accounts Receivable 30,000Inventory

Westerly Industries has the following financial information. What is its cash conversion cycle? (Hint: Use a 365-day year.)

Sales $100,000Cost of Goods Sold80,000Accounts Receivable 30,000Inventory 15,000Accounts Payable40,000

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Part 1

The cash conversion cycle is

enter your response here

days. (Round to two decimal places.)

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