P18-6 (similar to) Question Help (Related to Checkpoint 18.2) (Calculating the operating and cash conversion cycle) Carraway Seed Company Inc. has for many years cultivated and sold what are known as heritage plants and seeds. For example, the company has sought out older varieties of tomato plants that are do not hold up for long on o longer grown by commercial vegetable farmers since they either take too long to mature, do not ship well, ys and the majority of its customers take advantage of its credit terms of 29 days. The company purchases its inventory items on credit terms that allow them 41 days to pay but has always followed a policy of making cash payments for invoices as soon as they are received o the accounts payable deferral period is typically only 11 days. What are If Carraway wore to decide to take full advantage of its credit terms and delay payment until the last possible date. how would this impact their cash conversion cycle? arraway's operating and cash conversion cycles? h c. What would be your recommendation to the company with regard to its working capital management practices and why? a. Carraway's operating cycle is days. (Round to the nearest whole number.)