Please provide answer and steps

QUESTION 46 An analyst has recently been hired to improve the performance of SL Energy Corporation, which has been experiencing a severe cash shortage. As one part of your analysis, the analyst wants to determine the firm's cash conversion cycle. Using the following information and a 365-day year: Current inventory = $160,000; Annual sales = $1,095,000; Accounts receivable = $180,000; Accounts payable = $36,000; Total annual purchases = $730,000. Calculate the firm's inventory conversion cycle. 18 days 70 days 75 days 80 days QUESTION 47 Based on information from Question 46, Calculate the firm's receivables collection period. 60 days 70 days 80 days 90 days QUESTION 48 Based on information from Question 46, Calculate the firm's payables deferral period. 18 days 36 days 75 days 90 days