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A i. Dewey Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's operating cycle and cash conversion cycle? [9 marks] Annual sales = $45,000 Annual cost of goods sold = $31,500 Inventory = $4,000 Accounts receivable = $2,000 Accounts payable = $2,400 B) Discuss three important ways in which the CCC could be reduced. [ 4.33 marks]