1. Changes in the Operating Cycle [L.01] Indicate the effect that the following will have on the operating cycle. Use the letter I to indicate an increase, the letter D for a decrease, and the letter N for no change: a. Average receivables goes up. b. Credit repayment times for customers are increased. c. Inventory turnover goes from 3 times to 6 times. d. Payable's turnover goes from 6 times to 11 times. e. Recelvable's turnover goes from 7 times to 9 times| f. Payments to suppliers are accelerated. 2. Cash Equation [L03] Cori's Corp. has an equity value of $15738. Long-term debt is $10550. Net working capital, other than cash, is $3234. Fixed assets are $18445. How much cash does the company have? If current liabilities are $3445, what are current assets