whats the answer to both questions please ?

Toronto Donuts Bakery collects 60% of its monthly sales immediately and the rest a month later. Its production costs are 70% of sales. It holds 70% of sales in inventory for 1 month and 30% of sales in inventory for 45 days. It pays 20% of its bills immediately and 80% after 30 days. Assume 30 days per month. Calculate the operating cycle. 45 Days 46.5 Days 34.5 Days 30 Days 22.5 Days Question 6 ( 2 points) You own 1,000 shares of stock. You will receive a $20 per share dividend in one year. In two years, the firm will pay a liquidating dividend of $40 per share. The required return on the stock is 15%. Assume you only want $5000 total in dividends the first year. Calculate the total homemade dividend you will receive in year 2 . $22,750 $48.825 $60,000 $57,250 $40,000