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Zocco corporation has an inventory conversion period of 75

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Reference no: EM13568324

Zocco Corporation has an inventory conversion period of 75 days, an average collection period of 38 days, and a payables deferral period of 30 days.

a. What is the length of the cash conversion cycle?

b. If Zocco's annual sales are $3,421,875 and all sales are on credit, what is the investment in accounts receivable?

c. How many times per year does Zocco turn over its inventory?

Reference no: EM13568324

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