Business operating cycle.Kolman Kampers has a production cycle of

37

days, a collection cycle of

20

days, and a payment cycle of

19

days. What are Kolman's business operating cycle and cash conversion cycle? If Kolman reduces the production cycle by

2

days, what is the effect on the cash conversion cycle? If Kolman decreases the collection cycle by

2

days, what is the effect on the cash conversion cycle? If Kolman increases the payment cycle by

2

days, what is the effect on the cash conversion cycle?