Parramore Corp has $$12$ million of sales, $$3$ million of inventories, $$2\mathrm{.}75$ million of receivables, and $$1\mathrm{.}5$ million of payables. Its cost of goods sold is

$75\%$ of sales, and it finances working capital with bank loans at a $7\%$ rate. Assume $365$ days in year for your calculations.

What is Parramore's cash conversion cycle $($CCC$)?$ Do not round intermediate calculations. Round your answer to two decimal places.

days

If Parramore could lower its inventories and receivables by $11\%$ each and increase its payables by $11\%,$ all without affecting sales or cost of

goods sold, what would be the new CCC$?$ Do not round intermediate calculations. Round your answer to two decimal places.

days

How much cash would be freed up$,$ if Parramore could lower its inventories and receivables by $11\%$ each and increase its payables by $11\%,$ all

without affecting sales or cost of goods sold? Write out your answer completely. For Example, $13\mathrm{.}2$ million should be entered as $13,200,000.$

Do not round intermediate calculations. Round your answer to the nearest dollar.

$

By how much would pretax profits change, if Parramore could lower its inventories and receivables by $11\%$ each and increase its payables by

$11\%,$ all without affecting sales or cost of goods sold? Write out your answer completely. For Example, $13\mathrm{.}2$ million should be entered as

$13,200,000.$ Do not round intermediate calculations. Round your answer to the nearest dollar.

$ Parramore Corp has $$12$ million of sales, $$3$ million of inventories, $$2\mathrm{.}75$ million of receivables, and $$1\mathrm{.}5$ million of payables. Its cost of goods sold is $75\%$ of sales, and it finances working capital with bank loans at a $7\%$ rate. Assume $365$ days in year for your calculations.

What is Parramore's cash conversion cycle $($CCC$)?$ Do not round intermediate calculations. Round your answer to two decimal places.

days

If Parramore could lower its inventories and receivables by $11\%$ each and increase its payables by $11\%,$ all without affecting sales or cost of goods sold, what would be the new CCC$?$ Do not round intermediate calculations. Round your answer to two decimal places.

days

How much cash would be freed up$,$ if Parramore could lower its inventories and receivables by $11\%$ each and increase its payables by $11\%,$ all without affecting sales or cost of goods sold? Write out your answer completely. For Example, $13\mathrm{.}2$ million should be entered as $13,200,000.$ Do not round intermediate calculations. Round your answer to the nearest dollar.

$

By how much would pretax profits change, if Parramore could lower its inventories and receivables by $11\%$ each and increase its payables by $11\%,$ all without affecting sales or cost of goods sold? Write out your answer completely. For Example, $13\mathrm{.}2$ million should be entered as $13,200,000.$ Do not round intermediate calculations. Round your answer to the nearest dollar.

$