Question: Calculate 1 . Inventory Conversion Period, 2 . Receivables Conversion Period, 3 . the Payment Conversion Period, and 4 . the Operating Cycle for Innovation

Calculate 1.Inventory Conversion Period, 2.Receivables Conversion Period, 3. the Payment Conversion Period, and 4.the Operating Cycle for Innovation Inc. given the following information. Use 365 to get an average:
Inventory =$5600
COGS=$3,600
A/R=$3,200
Revenues=$4,500
Purchases=$3,250
A/P=$2,100

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