1. Big Money, Inc. has four departments. The cafeteria serves each of them. The cafeteria cost is allocated to each of the departments based on the number of employees in each department. Total cafeteria cost per month is $17,500. The four departments and the number of employees in each is:

Collections 120 employees

Soliciting 200 employees

Admin 50 employees

Legal 30 employees

Total 400 employees

2. Given the following data, calculate the number of days in the Cash Conversion Cycle for Top Dogg Industries.

Accounts Receivable = $1,300,000

Inventory = $1,500,000

Sales = $15,000,000

Cost of Goods Sold = $13,000,000

Accounts Payable = $2,700,000