You are provided the following working capital information for the Winfrey Industries: Inventory $18,450 Accounts receivable $16,720 Accounts payable Net sales $14,350 $182,600 Cost of goods sold $127,820 What is the cash conversion cycle for Winfrey Industries? a) 31.5 days b) 45.1 days c) 52.9 days d) 23.6 days

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