a$.$ The information below relates to a company$$s recent accounts. Assuming $365$ days in a

year, calculate the cash operating cycle using below information: $(10$ marks$)$

Item Value $()$

Receivables $250,000$

Trade payables $100,000$

Inventory $($finished goods$)50,000$

Inventory $($work in progress$)20,000$

Inventory $($raw materials$)40,000$

Sales $1,650,000$

Cost of sales $1,00,000$