Daria Corporation has the following data, in thousands. Assume a 365-day year. Annual sales = Annual...

 

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Daria Corporation has the following data, in thousands. Assume a 365-day year. Annual sales = Annual cost of goods sold = Average Inventory = Average Accounts receivable = Average Accounts payable = Benchmark Cash Cycle (industry average) Instructions: 1. Calculate the following: a.Inventory period b.Receivables period c.Payables period d.Operating cycle (3 points) (3 points) (3 points) (3 points) (3 points) €90,000 €63,000 €8,000 €4,000 €4,800 32 days e.Cash cycle 2. Answer the following: a.How does the firm's cash cycle compare to its competitors? Is the firm performing better or worse than its competitors? (3 points) b.Explain collection and disbursement techniques used by companies to manage cash. (7 points) Daria Corporation has the following data, in thousands. Assume a 365-day year. Annual sales = Annual cost of goods sold = Average Inventory = Average Accounts receivable = Average Accounts payable = Benchmark Cash Cycle (industry average) Instructions: 1. Calculate the following: a.Inventory period b.Receivables period c.Payables period d.Operating cycle (3 points) (3 points) (3 points) (3 points) (3 points) €90,000 €63,000 €8,000 €4,000 €4,800 32 days e.Cash cycle 2. Answer the following: a.How does the firm's cash cycle compare to its competitors? Is the firm performing better or worse than its competitors? (3 points) b.Explain collection and disbursement techniques used by companies to manage cash. (7 points)

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Daria Corporations Cash Cycle Analysis 1 Calculations a Inventory Period Inventory Period Average In... View the full answer