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Houston Corporation has an inventory conversion period of 60 days (DI), a receivables collection period...

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Houston Corporation has an inventory conversion period of 60 days (DI), a receivables collection period of 36 days (DSO), and a payable deferral period of 24 days (DPo). What is the length of the company's cash conversion cycle? . .If Houston's annual sales are $3,960,000 and all sales are on credit, what is the average balance in accounts receivable? .How many times per year does Houston turn over its inventory? (week S) . What would happen to Houston's cash conversion cycle if, on average, inventories could be turned over eight times a year? Webber Corporation carries an amount of receivables equal to $80,000, and its annual credit sales equal $2.4 million. What is the receivables collection period (DsO)? Cleary Enterprises owes its suppliers $180,000. The company's cost of goods sold averages $2.52 million. What is Cleary's payables deferral period (DPO)? Willowman Furniture Company has inventory that equals $48 million. if the inventory turnover for the company is 8, what is the inventory conversion period and cost of goods sold

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