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What is the firm's cash conversion cycle? Do not round intermediate calculations Average inventory = $75,000 Annual sales = $875,000 $525,000 Annual cost of goods

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What is the firm's cash conversion cycle? Do not round intermediate calculations Average inventory = $75,000 Annual sales = $875,000 $525,000 Annual cost of goods sold = Average accounts receivable Average accounts payable = $160,000 $25,000 Oa: 124.9 days O b. 90.3 days Oc 101.5 days O d. 98.5 days O e. 93.4 days

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