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Income statement data

sales                         6,900

cost of goods sold    6,100

balance sheet data

inventory                      680

accounts receivable     300

accounts payable         460

calculate the accounts receivable period accounts payable period, inventory period and cash conversion cycle for the above firm. (Use 365 days in a year. do not round intermediate calculations. round your answers to 1 decimal place)

a. accoounts receivable period       ______days

b. account payable period              ______days

c. inventory period                         ______days

d. cash conversion cycle               ______days

Financial Management, Finance

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