Just show the answer no need to show the work Given the following, determine the gross of return after interest: Days inventory outstanding (DIO) = 64 Days sales outstanding (DSO) = 49 Days payable outstanding (DPO) = 39 Average markup =21 80% of sales is on credit. All capital is borrowed at 40.7% Assume 365 days of operations. Round your answers to TWO places of decimal.

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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.