The utopian approach to valuation ignores which of the following venture scenarios:

Select one:

a. black hole scenarios

b. living dead scenarios

c. both a and b

d. neither a or b

Your firm has an average collection period of 36.5 days. Sales revenues are $30,000. What is your firm's average investment in accounts receivables?

Select one:

a. $3,650

b. $3,000

c. $1,000

d. $ 822

e. $ 444

Your firm has inventory of $188,000, cost of goods sold of $522,000, and accounts receivable of $214,000. What is your inventory conversion period? Show working