Question: Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 68 days, an average collection period of 40 days, and a payables deferral period

Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 68 days, an average collection period of 40 days, and a payables deferral period of 27 days Assume that cout of 90s to re Assume a 365-day year. Do not round Intermediate calculations. a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number days b. I annual sales are $4,015,000 and all sales are on credit, what is the firm's investment in accounts receivable? Round your answer to the nearest doar $ How many times per year does Negus Enterprises turn over its inventory? Round your answer to two decimal places

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