Heavy Manufacturing is planning to purchase raw materials on 1st August 2019. The payment will be on credit term of 5/10 net 50. The goods will be sold on 1st November 2019 (assume 30 days a month). The initial outlays and account receivables are RM500,000 and RM15,000 respectively. The annual sales of the company are RM180,000 with 50 percent of it is on credit.

Calculate:-

i) The cash cycle

ii) The cash turnover

iii) The minimum operating cash