Calculate the working capital cycle and cash conversion cycle using the flowing

data:

a$.$ Cash conversion cycle $($CCC$)$ calculation for ABC company:

i$.$ Days inventory outstanding $($DIO$)$: $50$ days

ii$.$ Days sales outstanding $($DSO$)$: $30$ days

iii. Days payable outstanding $($DPO$)$: $45$ days

Cash conversion cycle $($CCC$)$:

CCC$=$DIO$+$DSO$-$DPO