Compare Genzyme's CCC to that of Quest Diagnostics. Suppose thatGenzyme's annual salesis $42,147 million and itscost of capitalis 8%, if Genzyme's CCC drops to the level of Quests's, how much savings will Genzyme generate in net working capital, and what is theannual benefitof this savings in dollars?

Ratio	Genzyme	Quest Diagnostics
Days Sales Outstanding	60.5	41.6
Days Inventory Outstanding	29.7	18.4
Days Payable Outstanding	20.9	21.8
Cash Conversion Cycle (CCC)	69.3	38.2