Hi, can you please help me with this question? Thank you so much!

Part 1:

Calculate The Greek? Connection's net working capital in 2015.

Calculate the cash conversion cycle of The Greek Connection in 2015.

The industry average accounts receivable days is 30 days. What would the cash conversion cycle for The Greek Connection have been in 2015 had it matched the industry average for accounts receivable? days?

The Greek Connection had sales of $30.6 million and a cost of goods sold of $12.2 million in 2015. A simplified balance sheet for the firm appears below: THE GREEK CONNECTION Balance Sheet as of December 31, 2015 (thousands of dollars) Assets Cash Accounts receivable Inventory Total current assets Net plant, property, and equipment Total assets Liabilities and Equity $1,634 1,000 1,220 $3,854 $3,000 $6,854 $8,849 $15,703 $2,000 Accounts payable 3,770 Notes payable 1,433 Accruals $7,203Total current liabilities $8,500 Long-term debt $15,703Total liabilities Common equity Total liabilities and equity