The Following Information Relates to Dane Corporation

The following information relates to Dane Corporation:

Inventory conversion period                  55.8 days              
Days sales outstanding                           23.9 days              
Days payables outstanding                     32.5 days

Which of the following is the cash conversion cycle of the company?

A) -0.6 days
B) 112.2 days
C) 79.7 days
D) 64.4 days
E) 47.2 days