Question 1 of 3 Problem 1 Consider the given items below: . Receivables P6,250,000 . Average inventories for the year P2,500,000 . Average accounts payable P1,875,000 . Credit Sales P150,000,000 . Cost of goods sold P50,000,000 Compute for the cash conversion cycle, round off your answer to two decimal places. Answer with text and/or attachments:Question 2 of 3 1 Point Problem 2 The customer was given credit terms is 1/10, n/30. The transaction was evidenced by an invoice that amounted to P6,250,000 but the customer did not take the discount, how much is the periodic rate? Answer with text and/or attachments: + Add attachments