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The following information is from a firm’s 2018 income statement and balance sheet. Use it to...

The following information is from a firm’s 2018 income statement and balance sheet. Use it to calculate the Cash Conversion Cycle. (Please show your work)

Sales

122,800

Cost of Goods Sold

104,380

Accounts Receivable

10,900

Inventory

1,420

Accounts Payable

22,640
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