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Using the following information, and a 360-year. Calculate the accounts receivable period, accounts payable period, inventory...

Using the following information, and a 360-year. Calculate the accounts receivable period, accounts payable period, inventory period, and cash conversion cycle for the following firm: Income statement data: Sales 5,000 Cost of goods sold 4,200 Balance sheet data: Beginning of Year End of Year Inventory 500 600 Accounts receivable 100 120 Accounts payable 250 290

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