Question: Can you please help me explain this problem, I got a different amount for the firm's inventory conversion cycle An analyst has recently been hired

Can you please help me explain this problem, I got a different amount for the firm's inventory conversion cycle

An analyst has recently been hired to improve the performance of SL Energy Corporation, which has been experiencing a severe cash shortage.As one part of your analysis, the analyst wants to determine the firm's cash conversion cycle.Using the following information and a 365-day year: Current inventory = $160,000; Annual sales = $1,095,000; Accounts receivable = $180,000; Accounts payable = $36,000; Total annual purchases = $730,000. Calculate the firm's inventory conversion cycle.

18 days

70 days

75 days

80 days

Based on information from Question 46, Calculate the firm's receivables collection period.

60 days

70 days

80 days

90 days

Based on information from Question 46, Calculate the firm's payables deferral period.

18 days

36 days

75 days

90 days

Based on information from Question 46~48, Calculate the firm's cash conversion cycle (CCC).

122 days

129 days

147 days

128 days

Which of the following methods can NOT be used to improve the firm's cash conversion cycle?

Decrease the firm's inventory conversion cycle.

Decrease the firm's receivables collection period.

Decrease the firm's payables deferral period.

Increase the firm's payables deferral period.

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