Question: 4. What is the cash conversion cycle given the following information? Sales: $2 million Average Inventory: $1 million Average A/R: $0.5 million Cost of Sales:

4. What is the cash conversion cycle given the following information?

Sales: $2 million Average Inventory: $1 million Average A/R: $0.5 million Cost of Sales: $1.8 million Average Payables: $0.4 million

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