What is the cash conversion cycle for a firm with $3 million inventory, $2.5 million accounts payable, an accounts receivable period of 35 days, and an annual cost of goods sold of $18 million. (Hint: use 2 decimal points for your calculations.)

A. 24.59 days. B. 75.42 days. C. 45.14 days. D. 36.25 days. E. None of the above.