1) Improving the cash conversion cycle

Use Wal-Marts 2017 balance sheet and income statement from Hoovers database (access through the Regina Library) to calculate the Operating Cycle and Cash (Conversion) Cycle for Wal-Mart during the fiscal year ending in January, 2017. Would Wal-Mart improve its Cash Conversion Cycle by reducing or increasing it? Explain your answer. List at least two ways that Wal-Mart could achieve this improvement. Explain the possible risks Wal-Mart may face if it follows your suggestion.