13. Calculate days DSO, DIOH and DPO on hand based on the following information: DSO _______________ DIOH _______________ DPO _______________

Basic facts annual (first year of operation): - Sales $365,000 - Accounts receivable at year end $60,000 - Cost of sales $182,500 - Inventory at year end $25,000 - Accounts payable at year end $22,500

14. What is the cash conversion cycle based on the data in question

15. If you add 5 days to the DSO, DIOH, and DPO based on the data in question 13 and the standard CCC is as calculated in question 13 what is the CCC $ variance: ______________