You have recently been hired to improve the performance of Multiplex Corporation, which has been experiencing a severe cash shortage. As one part of your analysis, you want to determine the firm's cash conversion cycle. Using the following information and a 365 day year, what is your estimate of the firm's current cash conversion cycle? Current inventory = $120,000 Annual Sales = $600,000 Accounts Receivable = $157,808 Accounts Payable = $25,000 Cost of Goods Sold = $365,000 Purchases credit terms = net 30 days Receivables credit terms = net 50 days Select one: a. 49 days b. 180 days c. 100 days d. 168 days e. None of the above