Primrose Corp has $15 million of sales, $2 million of inventories, $3 million of receivables, and $1 million of payables. Its cost of goods sold is 75% of sales, and it finances working capital with bank loans at a 6% rate. What is Primrose's cash conversion cycle (CCC)? If Primrose could lower its inventories and receivables by 12% each and increase its payables by 12%, all without affecting either sales or cost of goods sold, what would the new CCC be, how much cash would be freed up, and how would that affect pre-tax profits? Use a 365 day year.