(Answered) The saliford corporation has an inventory conversion period

Finance

The saliford corporation has an inventory conversion period of 60 days, a receivables collection period of 36 days, and a payables deferral period of 24 days.

a. what is the length of the firms cash conversion cycle?

b. If salisford's annual sales are $3,960,000 and all sales are on credit, what is the average balance in accounts receivable?

c. how many times per year does saliford turn over its inventory?

d. what would happen to saliford's cash conversion cycle if, on average, inventories could be turned over eight times per year?

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