discount period. c. All of the above are correct. d, erms of 2/10 net 30, it should pay as eariy a amn Cycle as 1oods sold. Rowan, Inc. calculates the overall Cash amount? 11. Rowan, Inc. has been are $1,117,808 and average working on its working capital management. Average inventories million fcccounts payables are $1,610,960. The firm has $15 million of paya Conversion Cycle as 21 days long, then what must be the average accounts receivables t a. $954,877 b. $1,102,332 c. $1,203,455 d. $1,479,452 e. $1,654,221 12. A supplier offers a trade credit on terms of 3/10, net 40 to its customer. What is customer's Nominal Annual Cost of Trade Credit? a. 36.79% b. 37.20% . 37.62% d. 55.87% e. 56.44%