From BBT company's balance sheet and income statement in 2020, the following data are retrieved ($ million). Required: Sales Cost of goods sold 32.5 22.995 Inventories on January 1 1.5 Inventories on December 31 1.45 Accounts Receivable on January 1 0.793 Accounts Receivable on December 31 0.665 Accounts payable on January 1 0.550 Accounts payable on December 31 0.520 a) Calculate the operating cycle of BBT company, on the basis of the given data. b) Calculate the cash conversion cycle of BBT company, on the basis of the given data. c) Recently BBT company has extended its credit period unilateral with 30 days. What influence will this have on the operating cycle (OC) and cash conversion cycle (CCC)? d) Suppose BBT company starts a reverse factoring program for its suppliers. What will the effect be on the cash conversion cycle of BBT company and the cash conversion cycle of BBT company's suppliers?