Financial statements for the Genatron Manufacturing Corporation for the years 2013 and 2014 are listed in the

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Financial statements for the Genatron Manufacturing Corporation for the years 2013 and 2014 are listed in the text. Calculate Genatron’s operating cycle and cash conversion cycle for 2013 and 2014. Why did they change between 2013 and 2014?
Cash Conversion Cycle
Cash conversion cycle measures the total time a business takes to convert its cash on hand to produce, pay its suppliers, sell to its customers and collect cash from its customers. The process starts with purchasing of raw materials from suppliers,...
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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