a

$.$

$$The information below relates to a company

$$

s recent accounts. Assuming

$3$

$6$

$5$

$$days in a

year, calculate the cash operating cycle using below information:

$($

$1$

$0$

$$marks

$)$

Item Value

$($

$$

$)$

Receivables

$2$

$5$

$0$

$,$

$0$

$0$

$0$

Trade payables

$1$

$0$

$0$

$,$

$0$

$0$

$0$

Inventory

$($

finished goods

$)$

$5$

$0$

$,$

$0$

$0$

$0$

Inventory

$($

work in progress

$)$

$2$

$0$

$,$

$0$

$0$

$0$

Inventory

$($

raw materials

$)$

$4$

$0$

$,$

$0$

$0$

$0$

Sales

$1$

$,$

$6$

$5$

$0$

$,$

$0$

$0$

$0$

Cost of sales

$1$

$,$

$0$

$0$

$,$

$0$

$0$

$0$