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1. Cullumber Manufacturing Company management found that during the last year it took an average of 37 days to pay its suppliers, whereas it took 50 days to collect its receivables. The companys days sales in inventory was 57 days. What was Cullumbers cash conversion cycle?

Cullumbers cash conversion cycle is _____ days.

2. Ivanhoe's Bakery distributes its products to more than 75 restaurants and delis. The companys average collection period is 36 days, and it keeps its inventory for an average of 3 days. What is Ivanhoes operating cycle?

Ivanhoes operating cycle is ____ days.

3. Sheridan Technologies is a telecom component manufacturer. The firm typically has a collection period of 44 days and days sales in inventory of 32 days. What is the operating cycle for Sheridan?

Sheridans operating cycle is ____ days.