What is the purpose of the cash conversion cycle (CCC)? O a. It shows how long a firm must finance its mortgage capital. O b. It shows how long is must finance its inventories. O c. It shows how long a firm must finance its operating working capital. O d. It shows how long a firm must finance its long-term capital. Jasper Enterprises follows a moderate current asset investment policy, but it is now considering whether to shift to a restricted or perhaps to a relaxed policy. The firm's annual sales are $400,000, its fixed assets are $100,000, its target capital structure calls for 50% debt and 50% equity, its EBIT is $35,000, the interest rate on its debt is 10%, and its tax rate is 40%. With a restricted policy, current assets will be 20% of sales, while under a relaxed policy they will be 30% of sales. What is the difference in the projected ROEs between the restricted and relaxed policies? O a. 5.85% O b.5.32% O c.4.24% O d.3.75%