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Zack Co. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Annual sales $800,000 Annual cost of

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Zack Co. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Annual sales $800,000 Annual cost of goods sold $620,000 Inventory = $85,000 Accounts receivable = $150,000 Accounts payable = $50,000 81.48 days 83.90 days 89.04 days 91.48 days 96.50 days

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