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Company Dolphin has the following information from its financial statements: Begining inventory is $8500, ending inventory is $12045; Begining AR is $6220, Ending AR is

Company Dolphin has the following information from its financial statements:

Begining inventory is $8500, ending inventory is $12045;

Begining AR is $6220, Ending AR is $7105;

Begining AP is $7998, ending AP is $10110;

Net sales is $103221,

COGS is $61000;

(i)How long is the cash cycle?

(ii)if the industry average Inventory period is 45 days, receivable period is 60 days, accounts payable period is 70 days.Provide comment if Dolphin can / should do something.

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