What is the length of the cash conversion cycle

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Reference no: EM131187980

Cash conversion cycle Zane Corporation has an inventory conversion period of 70 days, an average collection period of 34 days, and a payables deferral period of 20 days. Assume 365 days in year for your calculations.

What is the length of the cash conversion cycle? Round your answer to two decimal places.

____days

If Zane's annual sales are $4,323,105 and all sales are on credit, what is the investment in accounts receivable? Round your answer to the nearest cent. Do not round intermediate calculations.

$____

How many times per year does Zane turn over its inventory? Assume that the cost of goods sold is 75% of sales. Use sales in the numerator to calculate the turnover ratio. Round your answer to two decimal places. Do not round intermediate calculations.

____times

Reference no: EM131187980

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