Over the past year, X company's accounts receivable have averaged 60 day and raw material takes 12 days in the ware house. In average the production process takes 18 days and it takes 20 days until the finished good is sold to customer. The company has paid its creditors, on average, 20days after receiving the bill. Production is evenly spread over the year and the company expects to spend birr 16 million during the year for materials and supplies with 360 days. calculate a. cash turnover of the enterprise b. cash operating cycle (cash cycle) of the enterprise c.inventory conversion period of the companyd. minimum cash balance