Please show calculation.

Calculate the cash conversion cycle for Cheap Goods Inc., given the following information: Sales $12,100,000 COGS $9,200,000 Inventor $1,700,000 AR $654,600 AP $654,300 Days/yei 365 Cash conversion cycle (CCC) Inventory conversion period Receivables collection period Payables deferral period + Inventory/Sales per day + AR/Sales per day - AP/COGS per day + E F G M NO Forecast growth rate in sales = 12% AFN= A Required Assets A Spontaneous Liabilities A Retained Earnings A Required Assets Asset to Sales Ratio A Sales = Spontaneous Liab, to Sales Ratio A Spontaneous Liabilities A Sales A Retained Earnings Profit Margin Sales Retention Ratio Calculate the cash conversion cycle for Cheap Goods Inc., given the following information: Sales $12,100,000 COGS $9,200,000 Inventor $1,700,000 AR $654,600 AP $654,300 Days/yei 365 Cash conversion cycle (CCC) Inventory conversion period Receivables collection period Payables deferral period + Inventory/Sales per day + AR/Sales per day - AP/COGS per day + E F G M NO Forecast growth rate in sales = 12% AFN= A Required Assets A Spontaneous Liabilities A Retained Earnings A Required Assets Asset to Sales Ratio A Sales = Spontaneous Liab, to Sales Ratio A Spontaneous Liabilities A Sales A Retained Earnings Profit Margin Sales Retention Ratio