PLEASE, PLEASE answer my question I have a test tomorrow and need to know this answer. I will rate your answer! PLEASE PLEASE show me your calculations and explanations! Question 7 The CEO of a medium-sized mechanical workshop, whose main business is focused on being a subcontractor to major Swedish companies in various industries and a supplier of various steel structures, has drawn attention to inefficiencies regarding the management of working capital. The large customers make great demands in terms of customer credit time and inventory, at the same time the company itself must pay its suppliers within 25 days. The company also has a high cost of capital and difficulties with liquidity. The CEO has now decided to make an analysis of the situation and how much capital can possibly be released and how the capital costs would be affected. Below is a description of the prevailing conditions: revenue: 50 000 000 SEK / year Average customer credit period: 58 days Average stock: 7 500 000 SEK Liquidity needs: 12% of sales Average supplier credit period: 23 days Purchase price of goods from subcontractors: 10 000 000 SEK / year Capital cost: 8% The CEO has set new goals regarding capital tied up as follows: revenue: 50 000 000 SEK / year Average customer credit period: 33 days Average stock: 5 500 000 SEK Liquidity needs: 8% of sales Average supplier credit period: 30 days Purchase price of goods from subcontractors: SEK 10 000 000 / year Capital cost: 5% a) How will the need for working capital be affected if the above target infringes. For points, it is required that all calculations are reported in a clear manner. b) How is the result affected? Motivate your answer.