Classic Porcelain Dcor produces 20,000 vases a day at a cost of RM 8 per vase for materials and labour. The firm takes 25 days to produce a vase and allow its customer 35 days to pay for the vases. The firm generally pay its suppliers in 40 days Calculate the firm's operating cycle? Calculate the firm's cash conversion cycle Calculate the working capital financing requirement for the firm By what amount can the firm reduce its working capital financing requirement if the firm is able to stretch the payable deferral period to 43 days?