Answer ALL questions. (30 MARKS] Stratum Limited is in the process of planning for the 2022 financial year. The company's financial manager is on sick leave and your assistance is required in calculations pertaining to working capital management and investment appraisal. QUESTION 1 (15 Marks) 1.1 REQUIRED Use the information provided below to calculate the cost (as a percentage) to Stratum Limited of not accepting the discount. (Assume a 360-day year.) (4 marks) INFORMATION Stratum Limited expects to negotiate with Leo Manufacturers credit terms of 30 days for 2022 and a 3.5% rebate if Stratum Limited pays the account within 15 days. 1.2 Use the information given below to calculate the: 1.2.1 Annual Economic order quantity (EOQ) (3 marks) 1.2.2 Reorder point. (3 marks) INFORMATION Stratum Limited intends purchasing 8 000 units of product Taz per month during 2022 at R50 per unit. The following additional information is available: Cost of placing an order R10 Stock holding cost 5% of the unit purchase price Lead time for delivery of an order 12 days Estimated workdays for 2022 240 days 1.3 REQUIRED Use the information provided below to calculate the cash conversion cycle. (Assume a 360-day year.) (5 marks) INFORMATION The following information was obtained from the records of Coastal Traders for 2019: Total sales for the year (50% on credit) R3 312 000 Credit purchases for the year R1 188 000 Inventories on 31 December 2019 R32 400 Amount owing by debtors on 31 December 2019 R180 000 Amount owing to creditors on 31 December 2019 R50 400 Average age of inventories 18 days