(a) Solve for the relevant Averages to prepare for Cash Conversion Cycle calculations, round off all answers to zero decimal place. (3 marks)

(b) Solve for these with formulas and workings shown. Round off all answers to zero decimal place. (12 marks)

Receivable Turnover -

Days of Sales Outstanding -

Inventory Turnover -

Days of Inventory on Hand -

Payables Turnover -

Number of Days Payables -

(c) Solve for the Cash Conversion Cycle in days, round off the answer to zero decimal place. Show the Excel formula that is used.

(d) Suggest four (4) ways to improve the Cash Conversion Cycle.

Question 2 deprived of cash if it increases its imestateat in imeatory to ittprove cubsomer sales Yeu are lasked to imestigate the 6ollewing case. (Nose: I year habi 365 daya.) Question 2 deprived of cash if it increases its imestateat in imeatory to ittprove cubsomer sales Yeu are lasked to imestigate the 6ollewing case. (Nose: I year habi 365 daya.)