Marcus Corporation has the following operating characteristics: ⚫ Inventory conversion period: 45 days • • • Average collection period: 40 days Payables deferral period: 30 days Annual sales: $5,475,000 (all on credit) ⚫ Cost of goods sold: 75% of sales Calculate: a. The length of the firm's cash conversion cycle b. The firm's investment in accounts receivable c. The number of times inventory turns over per year

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