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Pasha Corporation produces motorcycle batteries. Pasha turns out 1 , 3 0 0 batteries a day at a cost of $ 5 per battery for

Pasha Corporation produces motorcycle batteries. Pasha turns out 1,300 batteries a day at a cost of $5 per battery for materials and labor. It takes the firm 24 days to convert raw materials into a battery. Pasha allows its customers 40 days in which to pay for the batteries, and the firm generally pays its suppliers in 30 days. Assume 365 days in year for your calculations.
What is the length of Pasha's cash conversion cycle? Round your answer to two decimal places.
days
At a steady state in which Pasha produces 1,300 batteries a day, what amount of working capital must it finance? Round your answer to the nearest dollar.
$
By what amount could Pasha reduce its working capital financing needs if it was able to stretch its payables deferral period to 41 days? Round your answer to the nearest dollar.
$

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