My Work (3 remaining eBook Problem Walk-Through Parramare Corp has $12 million of sales, $3 million of inventories, $3.75 million of receivables, and $1 milion of payables. Is cost of goods sold is 65% of sales, and it finances worlong capital with bank loans at a rate. Assume 365 days in year for your calculations 1. What is Partamore's cash conversion cyde (CCC)? Do not round intermediate calculations. Round your answer to two decimal places days 2. If Parramore could tower its inventories and receivables by 11% each and increase its payables by 115, without affecting sales or cost of goods sold, what would be the new CCC? Do not found intermediate calculations. Round your answer to two decimal places days 3. How much cash would be freed up, Paramore could lower its inventories and receivables by 125 each and increase its payable by 11%, all without affecting sales or cost of goods sold write out your answer completely. For Berge 132 min should be entered as 13.200,000. Do not mund intermediate calculations, Round your answer to the nearesto 5 4 by how much would pretax profits change, Paramore could lower tries and rechts by 11 can resep by 115. without affecting sales or cost of goods sold out your answer completely. For me, 13-2 should be entered 3.200,000. Do not found intermediate calculations. Round your answer to the nearest Check Woche) MacBook Air 90 388 E $ 4 A % 5 & 7 8 9 0 dela R T T Y C C O P F H J L V B N