Assume that there are 360 days in a year.\ Calculate the requested information and fill out the blanks below accordingly. All questions relate to the original information unless explicitly stated otherwise.\ Submit your calculations to the dropbox after the exam.\ Blank #1: Calculate the average collection period (i.e. A/R holding period). Round UP to whole number of days ( 0 decimal).\ Blank #2: Calculate accounts payable period. Round UP to whole number of days ( 0 decimal)\ Blank #3: Calculate the cash conversion cycle.\ Blank #4: Briefly interpret the result in #3; What does the number mean ft Iguazu Corp.' working capital management? (1-2 sentences)\ Blank #5: Iguazu Corporation is considering to allow consumers to pay later, which would increase the new average collection period to 175 . What would be the new accounts receivable balance in this case? (round to the nearest $. No decimals)\ Blank #6: Assume that Iguazu Corporate has an investment opportunity for marketable securities of

4.2%

. If the new accounts receivable balance was

$320,000

, what would be the annual opportunity cost of allowing customers to pay later? (round to the nearest $. No decimals)

Assume that there are 360 days in a year. Calculate the requested information and fill out the blanks below accordingly. All questions relate to the original information unless explicitly stated otherwise. Submit your calculations to the dropbox after the exam. Blank \#1: Calculate the average collection period (i.e. A/R holding period). Round UP to whole number of days ( 0 decimal). Blank \#2: Calculate accounts payable period. Round UP to whole number of days ( 0 decimal) Blank \#3: Calculate the cash conversion cycle. Blank \#4: Briefly interpret the result in \#3; What does the number mean fr lguazu Corp.' working capital management? (1-2 sentences) Blank \#5: Iguazu Corporation is considering to allow consumers to pay later, which would increase the new average collection period to 175 . What would be the new accounts receivable balance in this case? (round to the nearest \$. No decimals) Blank \#6: Assume that Iguazu Corporate has an investment opportunity for marketable securities of 4.2%. If the new accounts receivable balance was $320,000, what would be the annual opportunity cost of allowing customers to pay later? (round to the nearest \$. No decimals)