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Zane Corporabon has an inventory conversion period of 52 days, an average collectlon period of 32 days, and a payables deferral period of 29 days.

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Zane Corporabon has an inventory conversion period of 52 days, an average collectlon period of 32 days, and a payables deferral period of 29 days. Assume 365 doys in vear for your calculationsi 2. What is the length of the cash conversion cycle? fround your answer to two decimal places. days b. If Zane's annual sales are $4,504,290 and all sales are on credit, what is the imvestment in accounts receivable? Do not reund intermediate caiculations: Round vour antwer to the nearest cent. c. How many times per year does Zane tum over its inventory? Assume that the cost of goods sold is 75 h of sales. Use sales in the numerator to calcufate the furnevar ratio. Do not round intermediate calculations. Round your answer to two decimal places

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