Your company presented the following figures on its financial statements at the end of the fiscal year. Further analysis is required to determine your business's operating and cash conversion cycle to help you with better decision making relating to important aspects such as the management of Cash and Inventory. i. Average inventory = ii. Annual sales = iii. Annual cost of goods sold = iv. Average accounts receivable = V. Average accounts payable = $ 80,000 $530,000 $275,000 $124,000 $ 40,000 Required Using the information above and a 365-day year, what is your business's present a) operating cycle? b) cash conversion cycle