Question: I need assistance with this general accounting question using appropriate principles. A company has the following annual data: Net credit sales = $310,000 Cost of

I need assistance with this general accounting question using appropriate principles.

A company has the following annual data: Net credit sales = $310,000 Cost of goods sold = $225,000 Average inventory = $8,400 Average accounts receivable = $32,500 Average accounts payable = $20,500 Assuming all sales are on credit and using 365 days per year, what is the cash conversion cycle

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