Case 3 (25 points) Dew Corporation has the following data, in thousands. Assume a 365-day year. Annual sales = Annual cost of goods sold = 45,000 31,500 Average Inventory = 4,000 Average Accounts receivable = 2,000 Average Accounts payable = 2,400 Benchmark Cash Cycle (industry average) 52.0 days (1) Calculate the following: a. Inventory period (3points) b. Receivables period (3points) c. Payables period (3points) d. Operating cycle (3points) e. Cash cycle (3points) (2) Answer the following: a. How does the firm's cash cycle compare to its competitors? Is the firm performing better or worse than its competitors? (3points) b. Explain how firms manage their cash and name some of the collection and disbursement techniques used. (7points)