ABC Corporation has 7,500,000 in invested capital. Its weighted Javerage cost of capital is 16%. Annual earnings are expected to be at 1,500,000. After operating for 25 years, it will be closed. Based on these information, how much is the goodwill of the firm?

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Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.