Purba Industries turns over its inventory five times each year. It has an average collection period of 50 days and an average payment period of 20 days. The firms annual sales are RM 12 million. Assume that there is no difference in the investment per ringgit of sales in inventory, receivables, and payables, and assume a 365-day year.

Calculate the firms cash conversion cycle, its daily cash operating expenditure, and the amount of resources needed to support its cash conversion cycle.

Find the firms cash conversion cycle and resource investment requirement if it makes the following changes simultaneously.

Shortens the average age of inventory by 5 days.

Speeds the collection of accounts receivable by an average of 10 days.

Extends the average payment period by 10 days.