Q4. Following information is provided by ABC Ltd.: Raw Material storage period 50 days Work in progress storage period 18 days Finished Goods storage period 22 days Debt Collection period 45 days Creditors Payment period 55 days Annual operating cost (including depreciation of $210,000 ) 2,100,000 Days in a year 365 Find out the following: (i) Operating cycle period (ii) Number of operating cycles in a year (iii) Working capital requirement on cash cost basis