Please help with this finance problem. Please show your work, thank you.

A corporation has $12 million in sales, $5.9 million in inventory, $2.1 million in accounts receivables, and $6.8 million in accounts payable. The firm's COGS is 76% of sales. The firm borrows at 9% compounded daily to finance its NOWC. What is the firm's cash conversion cycle?

Answer in Days.

A corporation has $12 million in sales, $3 million in inventory, $3.25 million in accounts receivables, and $2.5 million in accounts payable. The firm's annual COGS is $9 million. The firm borrows at 8% compounded daily to finance its NOWC.

How much will the firm have to pay in interest for the year?

Hint: take the COGS and calculate how much it grows over one cash conversion cycle (in days) with a daily interest rate that you calculate from APR. Answer in either millions of dollars, thousands of dollars, or dollars (all three answers will be graded correct).

You are looking to set up a line of credit from you bank. Below are your projected numbers:

	May	June	July	August	September	October	November	December
Sales	180	180	360	540	720	360	360	90
Labor & Materials	90	90	126	882	306	234	162	90
Gen Admin			-27	-27	-27	-27	-27	-27
Leases			-9	-9	-9	-9	-9	-9
Misc			-2.7	-2.7	-2.7	-2.7	-2.7	-2.7
Income Tax					-63			-63
studio						-180

You collect 10% of your monthly sales in the same month, 75% the following month, and the remaining 15% two months after the sales. You pay your labor and materials costs one month after they occur. Cash on hand at the end of June is 132. Your minimum cash balance is 90. Which month will you need to borrow money to maintain that balance?

You are looking to set up a line of credit from you bank. Below are your projected numbers:

	May	June	July	August	September	October	November	December
Sales	180	180	360	540	720	360	360	90
Labor & Materials	90	90	126	882	306	234	162	90
Gen Admin			-27	-27	-27	-27	-27	-27
Leases			-9	-9	-9	-9	-9	-9
Misc			-2.7	-2.7	-2.7	-2.7	-2.7	-2.7
Income Tax					-63			-63
studio						-180

You collect 10% of your monthly sales in the same month, 75% the following month, and the remaining 15% two months after the sales. You pay your labor and materials costs one month after they occur. Cash on hand at the end of June is 132. Your minimum cash balance is 90.

How much will you need to borrow, the first month borrowing is required to maintain your minimum cash balance?

You are looking to set up a line of credit from you bank. Below are your projected numbers:

	May	June	July	August	September	October	November	December
Sales	180	180	360	540	720	360	360	90
Labor & Materials	90	90	126	882	306	234	162	90
Gen Admin			-27	-27	-27	-27	-27	-27
Leases			-9	-9	-9	-9	-9	-9
Misc			-2.7	-2.7	-2.7	-2.7	-2.7	-2.7
Income Tax					-63			-63
studio						-180

You collect 10% of your monthly sales in the same month, 75% the following month, and the remaining 15% two months after the sales. You pay your labor and materials costs one month after they occur. Cash on hand at the end of June is 132. Your minimum cash balance is 90.

August has a cash surplus. If that surplus money was invested for 1 month at 6% compounded monthly, how much would that increase the next month's cash flow? (remember only invest the amount above 90)