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Calculate the 2014 cash conversion cycle for the following company using the information below. 12/31/2013 Inventory = $100M 12/31/2014 Inventory = $150M 2014 COGS = $500M 2014 Credit Sales = $750M 12/31/2013 Accts Pay = $80M 12/31/2014 Accts Pay = $65M 12/31/2013 Accts Rec = $120M 12/31/2014 Accts Rec = $150M

Financial Management, Finance

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