Pen Paper's sales are $$48,000,000,$ EBIT is $$25$M$,$ cost of goods sold are $$25$M$,$ and net income is $$5,400,000.$ Account receivables is $$10$M$,$ inventory is $$8,000,000,$ and account payables $$12,000,000.$ Pen Paper$$s cost of capital is $12\mathrm{.}5\%$ with a marginal tax rate of $30\%.$ Finally, the debt to equity ratio is $140\%.$

$$ Find the inventory conversion period

$$ Find average collection period or days sales outstanding

$$ Find the payable deferral period

$$ Find the operating cycle.

$$ Find the cash conversion cycle.