Estabanjo, Inc., will have a COGs of $88,379 this year. The annual average accounts payable will be $2,800. If the company's operating cycle is 21 days, what is its cash cycle?

7.95 days

8.92 days

9.44 days

8.60 days

8.1 days

Eventho Excursions Co. hold a total equity value of $1,560,000, long-term debt of $3 million, and fixed assets totalling $4 million. If the company has $216,087 in NWC (sans cash), how much cash should it have on its balance sheet?

$ 637,373.00

$ 721,419.00

$ 578,418.00

$ 343,913.00

$ 419,730.00