WORKING CAPITAL INVESTMENT Pasha Corporation produces motorcycle batteries. Pasha turns out 1,000 batteries a day at a cost of $6 per battery for materials and labor. It takes the firm 20 days to convert raw materials into a battery. Pasha allows its customers 40 days in which to pay for the batterles, and the fim generally pays Its suppliers In 30 days. Assume 365 days in year for your calculations. a. What is the length of Pasha's cash conversion cycle? Round your answer to two decimal places days n. At a steady state in which Pasha produces 1 000 batteries a day, what amount of kin capital must it inance? Round Your answer to the nearest dolla C. By what amount could Pasha reduce its working capital financing needs if it was able to stretch its payables deferral period to 44 days? Round your answer to the nearest dollar d. Pasha's management is trying to analyze the effect of a proposed new production process on its working capital investment. The new production process would allow Pasha to decrease its inventory conversion period to 18 days and to materia s and labor to increase to increase its ally production to750 batteries. However, the ne process would cause the cost a . Assuming the c e does not affect the avera e o on peri 1 an s r he a s deferral period (30 days), what will be the length of its cash conversion cycle and its working capital finanaing requirement if the new production process is implemented? Round your answers to two decimal places. Cash conversion cycle Working capital financing