Wolfgang' s Masonry management estimates that it takes the days on average to pay its suppliers. Management also knows that the company has days' sales in inventory of 60 days and days' sales outstanding of 31 days. What is the cash conversion cycle? Round your answer to a whole number. company 27 Pacific Traders has annual sales of $1,895,000. The firm' s financial manager has determined that using a lockbox will reduce collection time by 3 days. If the firm' s opportunity cost on savings is 4.77 percent, what are the savings from using the lockbox? Round answer to 2 decimal places. Round your answer to 2 decimal places