You are reviewing the recent cash conversion cycle of Shirtless Equestrian, Inc. and are particularly interested in whether changes in the cycle have generated cash for Shirtless Equestrian. Components of the cycle for 2017 and 2018 along with daily sales (or daily COGS) are presented below. Amount in Days Sales (or COGS) $ in millions per day $116.4 2018 2017 Days Sales Outstanding Days Inventory Outstanding Days Payables Outstanding 52.8 58.4 130.2 124.2 55.9 65.1 54.8 55.9 What are Shirtless Equestrians' cash conversion cycles for 2017 and 2018? A) 235.4 and 241.1 days respectively B) 120.6 and 135.5 days respectively C) 183.1 and 115.9 days respectively D) 127.8 and 117.9 days respectively