Given the following information about a fictional company for 2010, answer the questions that follow. , ,Annual Sales $7,158,233 ,Cost of Goods Sold $4,234,872 ,Payables Deferral Period 19 days ,Average Collection Period 26 days ,Inventory Conversion Period 42 days , , A What is the length of this company’s cash conversion cycle? , B How many times per year does this company turn over inventory? , C What is the firm’s investment in accounts receivable, assuming that all sales are on credit? , D What is the firm’s investment in inventory? , , ,
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