Question: Problem #7 - Working Capital and the Cash Conversion Cycle a) Given the following information: inventory - S20,000, Daily cost of sales * $1,000, Receivables

Problem #7 - Working Capital and the Cash Conversion Cycle a) Given the following information: inventory - S20,000, Daily cost of sales * $1,000, Receivables - $12,000, daily revenue - $4,000, payables - $8,000, daily purchases - 800, calculate 1) Inventory conversion period 2) Receivables conversion period 3) Payables conversion period 4) Cash conversion period

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