Parramore Corp has $11 million of sales, $1 million of inventories, $2.75 million of receivables, and $2.25 million of payables. Its cost of goods sold is 70% of sales, and it finances working capital with bank loans at a 6% rate. Assume 365 days in year for your calculations. Please answer all!

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

b. If Parramore couldlowerits inventories and receivables by 10% each and increase its payables by 10%, 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)

c. How much cash would be freed up, if Parramore couldlowerits inventories and receivables by 10% each and increase its payables by 10%, all without affecting sales or cost of goods sold? Write out your answer completely. For Example, 13.2 million should be entered as 13,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar.

d. By how much would pretax profits change, if Parramore couldlowerits inventories and receivables by 10% each and increase its payables by 10%, all without affecting sales or cost of goods sold? Write out your answer completely. For Example, 13.2 million should be entered as 13,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar.