Question: Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 71 days, an average collection period of 44 dovs, and a payabies defertal period
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 71 days, an average collection period of 44 dovs, and a payabies defertal period of 27 dris. Assume that cost of goods sold is bo\% of sales. 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 $
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