Question 2 (15 marks) Operating Cycle Indicate the effect that each of the following independent events would have on the operating cycle. Increase Decrease No change Answer on submission template a) More finished goods are produced for inventory instead of for order. b) Credit repayment times for customers are increased. c). _Inventory turnover goes from 3 times to 6 times. d) Payables turnover goes from 6 times to 11 times. e) Receivables turnover goes from 7 times to 9 times. f) Payments to suppliers are accelerated. g). The terms of the cash discounts offered to customers are made less favourable