Tony Inc. has the information shown days? on its annual Income Statement and Balance Sheet. What...

  

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Tony Inc. has the information shown days? on its annual Income Statement and Balance Sheet. What is the firm's cash conversion cycle in [Type only the final answer into the response box below (NOT into the Notes box) and in pure numeric format. Do NOT use %/$ signs, commas or spaces (e.g. only enter 10 if it is 10 days/$10/10%)] Sales $120,000 Cost of Goods Sold $109,500 Accounts Receivable $48,000 Inventory $12,000 Accounts Payable $21,900 Tony Inc. has the information shown days? on its annual Income Statement and Balance Sheet. What is the firm's cash conversion cycle in [Type only the final answer into the response box below (NOT into the Notes box) and in pure numeric format. Do NOT use %/$ signs, commas or spaces (e.g. only enter 10 if it is 10 days/$10/10%)] Sales $120,000 Cost of Goods Sold $109,500 Accounts Receivable $48,000 Inventory $12,000 Accounts Payable $21,900