Question: Please answer quick and dont answer wrong, else downvote. The following information is available in respect of Sai trading company: (0) On an average, debtors

Please answer quick and dont answer wrong, else downvote.

The following information is available in respect of Sai trading company: (0) On an average, debtors are collected after 45 days; inventories have an average holding period of 75 days and creditor's payment period on an average is 30 days. (ii) The firm spends a total of 120 lakhs annually at a constant rate. (iii) It can earn 10 per cent on investments. From the above information, you are required to CALCULATE: (a) The cash cycle and cash turnover, (b) Minimum amounts of cash to be maintained to meet payments as they become due, (c) Savings by reducing the average inventory holding period by 30 days

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