8.Operating cycle an cash conversion cycles Consider additional data for Alfa-Romeo Company for fical years ending June 30, 2015 Ind 2016, in millions : Fiscal Year End (in millions) June 30, 2016 June 30, 2015 Sales Cost of goods sold Accounts receivable Inventories Accounts payable $80,676 $76,376 $9,816 $12,055 $ 11,165 $61,682 $57,839 $6,122 $7,871 $8,115 a) Calculate the ACP, AAI (average age of inventory), and APP (average payment period) for fiscal years ending June 30, 2015, and 2016. (15%) b) How do the operating and cash conversion cycles compare for 2015 and 2016 with fiscal years ending June 30, 2015 and 2016? What has changes and why? (10%)