B eBook Problem Walk-Through Parramore Corp has 5:2 million of sales, $3 million of inventories, $3.75 million of receivables, and $1 million of payables. Its cost of goods sold is 65% of sales, and it finances working capital with bank loans at a 9% rate. Assume 365 days in year for your calculations 1. What is Paramore's cash conversion cyde (CCC)? Do not round intermediate calculations. Round your answer to two decimal places days 0. 2. Parramore could tower its inventories and receivables by 11% each and increase its payables by 11%, all without affecting sales or cost of goods sold, What would be the new CCC? Do not round intermediate calculations. Round your answer to two decimal places days 3. How much cash would be freed up, if Parramore could tower its inventories and receivables by 11% each and increase its payables by 11%, all without affecting sales or cost of goods sold? Write out your answer completely. For xml, 13.2 million should be entered as 19,200,000, Do not round Intermediate calculations. Round your answer to the nearest dollar $ 4. By how much would pretax profits change, if Parramore could lower its inventones and receivable by 11% each and increase its payables by 11, alt without affecting sales or cost of goods sold write out your wiwer completely. For example, 13 million should be entered 13,200,000. Do not found intermediate calculation, Hound your answer to the nearest do B eBook Problem Walk-Through Parramore Corp has 5:2 million of sales, $3 million of inventories, $3.75 million of receivables, and $1 million of payables. Its cost of goods sold is 65% of sales, and it finances working capital with bank loans at a 9% rate. Assume 365 days in year for your calculations 1. What is Paramore's cash conversion cyde (CCC)? Do not round intermediate calculations. Round your answer to two decimal places days 0. 2. Parramore could tower its inventories and receivables by 11% each and increase its payables by 11%, all without affecting sales or cost of goods sold, What would be the new CCC? Do not round intermediate calculations. Round your answer to two decimal places days 3. How much cash would be freed up, if Parramore could tower its inventories and receivables by 11% each and increase its payables by 11%, all without affecting sales or cost of goods sold? Write out your answer completely. For xml, 13.2 million should be entered as 19,200,000, Do not round Intermediate calculations. Round your answer to the nearest dollar $ 4. By how much would pretax profits change, if Parramore could lower its inventones and receivable by 11% each and increase its payables by 11, alt without affecting sales or cost of goods sold write out your wiwer completely. For example, 13 million should be entered 13,200,000. Do not found intermediate calculation, Hound your answer to the nearest do
