(6) The following financial information relates to XYZ Company: Inventory tumover: 5 times Accounts receivable turnover = 6 times Accounts payable turnover = 4 times XYZ gives its customers a credit period of 60 days. XYZ's suppliers offer a credit period of 90 days. For simplicity, we assume that the year consists of 360 days. (1) Calculate the operating and cash cycle for XYZ Company. (6 marks) Evaluate the implications of the cash cycle for XYZ's working capital management. (4 marks)