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Zane Corporation has an inventory conversion period of 51 days, an average collection period of 37 days, and a payables deferral period of 28 days.

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Zane Corporation has an inventory conversion period of 51 days, an average collection period of 37 days, and a payables deferral period of 28 days. Assume J65. days in year for your calculations: a. What is the length of the cash conversion cycie? Round your answer to two decimal ploces; days b. If Zane's annual sales are $3,690,935 and all sales are on credit, what is the investment in accounts receivable? Do not round intermediate calculations. Round your answer to the nearest cent. 5 c. How many times per year does Zane turn over its inventery? Assume that the cast of goods sold is 75% of salesi Do not round intermediate cilculations. Round your answer in two decimat places

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