Please, use the formula in Excel. Thank you

For part B, He needs the saving for 45 days and 60 days.

2 The ACME Toy Company has the following information: 1. Inventory conversion of 70 days 4 70 2. Credit terms to its customers of 30 days. 3. Purchase terms of 30 days. 4. ACME's annual purchases are $2,000,000 5 30 6 30 $2,000,000 7 8 9 a. Calculate the operating and cash conversion cycles for ACME. 10 b. IfACME extended its purchase terms to 45 and 60 days, how much would it save, assuming a 5 % interest rate 11 12 12