1. Calculate the cash operating cycle.

2. Assess the performance of Rose Plcs cash management relative to the industry average performance of 75 days.

3. Suggest FIVE steps that should be taken by the Directors to improve the cash operating cycle of the company.

FINANCIAL INFORMATION EXTRACT '000 142,500 57,000 Raw materials Work in progress Finished goods Purchase 190,000 475,000 Revenue 855,000 Cost of goods sold 712,500 Trade receivable 218,500 Trade payables 114,000