From Chapter 14: Balloon Payment Financial (BPF) has an inventory conversion period of 45 days, a recewables collection period of 30 days, and a payables deferral period of 15 days a) What is the length of the firm's cash conversion cycle? b) BPPs annual sales are $2.7 million and all sales are on credit what is the average balance in accounts receivable? How many times per year does BPF turn over its inventory? d) What would happen to BPP's cash conversion cycle on average, Inventories could be turned over 12 times a year? For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Mac). BIVS Paragraph T4px A2 x x + 15 1 + 2 ABD G C 6.) ) T. a 6 SS