working captal with benk loans at an 9% rate. Assume 365 days in year for your calculations. 1. What is Parrarnore's cach conversion cycle (CCC)? Do not round intermedate calculations. flound your answer to two decimal placec. daver 2. It Parramore could lower its imentones and recemables by 10% each and increase ans payables by 10\%s, all without afiecting sales or cont of goods sold, what woold be the new CCC? Do not round intermediate calculations. Round your answer to two decinl places. days 3. How ewach cach would be freed up, it Parramore could lower its inventones and receivabies by 10% each and increase its payables by tons, all without aftecting sales or covt of poods sold? Write out your answer completely. For Fxample, 13.2 miltion should be entered as 13,200,000. Do not round intemediate calculations. Round your answer to the nearest dollor. 4 4. By how much would pretax profits chonge, if Parramere could iower its iwentones and receivables by 10% each and increase its poyables by 10 ses, all without affecting sales or cors of goods sold? Write out your answer completel. For Fxample, 132 milion should be entered as 13,200,600. Do not round entermediate calculations. Round your answer to the nearest dollar. 5