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17 (4 Points) Given the following data for two mechandising companies: Alpha Co. Beta Co. Inventory Turnover (in times) 8.48 18.0X Accounts Receivable Turnover (in

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17 (4 Points) Given the following data for two mechandising companies: Alpha Co. Beta Co. Inventory Turnover (in times) 8.48 18.0X Accounts Receivable Turnover (in times) 4.5X 9.5X a) Calculate the Operating Cycle for both companies. (2 marks) b) Which company do you recommend to maintain higher Cash Ratio level? Explain (2 marks) Enter your

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