American Products is concerned about managing cash efficiently. On the average, inventories have an age of

8484

days, and accounts receivable are collected in

3939

days. Accounts payable are paid approximately

3333

days after they arise. The firm has annual sales of about

$3737

million. Cost of goods sold are

$2020

million, and purchases are

$1616

million.

a.Calculate the firm's operating

cycle.

b.Calculate the firm's cash conversion

cycle.

c.Calculate the amount of resources needed to support the firm's cash conversion cycle.

d.Discuss how management might be able to reduce the cash conversion cycle.

a. American Products' operating cycle, OC, is

nothing

days.(Round to the nearest whole number.)