Question: please solve it in details all step required i will thumb you up 3. The information of ARN Corp. for the end of 2022 is

please solve it in details all step required i will thumb

please solve it in details all step required i will thumb you up

3. The information of ARN Corp. for the end of 2022 is as follows. Figure out the company's cash conversion cycle, given that the company's sales are $400 million. (20p) Average Inventories: $54 million Average Accounts Payables: \$38 million Average Accounts Receivables: $36,5 million Cost of goods sold: $270 milion

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