What is the length of the firms cash conversion cycle

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Cash Conversion Cycle

Negus Enterprises has an inventory conversion period of 73 days, an average collection period of 43 days, and a payables deferral period of 35 days. Assume that cost of goods sold is 80% of sales. Assume 365 days in year for your calculations.

What is the length of the firm's cash conversion cycle?

days

If Negus's annual sales are $3,602,750 and all sales are on credit, what is the firm's investment in accounts receivable? Round your answer to the nearest dollar.

$  

How many times per year does Negus Enterprises turn over its inventory? Round your answer to two decimal places.

Reference no: EM13929442

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