QUESTION 3 (20 MARKS) The credit analyst for Mazibuko Limited has established the following data relating to the working

[answerhappygod]

QUESTION 3 (20 MARKS)
The credit analyst for Mazibuko Limited has established thefollowing data relating to the working capital cycle of thefirm:
 Credit payment period for raw materials 30 days
 Raw material delivery to completed goods 50 days
 Debtors collection period 80 days
 Completed goods to credit sales 20 days
Required: Calculate the following:
3.1.1 The cash conversion cycle (2 marks)
3.1.2 The period during which financing will be required (1mark)
3.1.3 Discuss four measures that can be implemented to reducethe period for which financing is required (4 marks)