Question 15 5 pts The operating cycle is a measure to examine short term financing. It is useful in that it shows how a product moves though the current asset accounts. Under each of the three following events, determine whether the operating cycle increases in length or decreases in length and put into words what this means to you for 1, 2, and [Chap 18] Explain what would happen in three cases: (1) You notice a trend of increasing levels of receivables in your firm, what happens to the operating cycle? (2) You next notice that inventory turnover goes from 3 times to 6 times per year, what happens to the operating cycle? And (3) You find that receivable turnover has increased from 7 times to 9 times, what happens to the operating cycle? HTML Editori - - D? Ix E 1 1 x x, VX 60 PTT 15pt Paragraph