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Zane Corporation has an inventory conversion period of 67 days, an average collection period of 35 days, and a payables deferral period of 36 days.

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Zane Corporation has an inventory conversion period of 67 days, an average collection period of 35 days, and a payables deferral period of 36 days. Assume 365 days in year for your calculations. a. What is the length of the cash conversion cyde? Round your answer to two decimal places. days 5. If Zane's annual sales are $2,306,200 and all sales are on credit, what is the investment in accounts receivable? Do not round intermediate calculations, and your answer to the nearest S How many times per year does Zane turn over its inventory? Assume that the cost of goods sold is 75% of sales. Use sales in the numerator to calculate the turnover rate. Do not round intermediate calculations. Round your answer to two decimal places

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