The following is the working capital information for the XYZ company : a. Describe the three main
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Question:
The following is the working capital information for the XYZ company :
a. Describe the three main short-term financing strategies and give examples
b. If all sales are on credit, what are the firm’s operating and cash conversion cycles?
c. Micro Generator sells about 2 000 generators a year. The cost of placing an order with their supplier is €750 and the inventory-carrying costs are €170 for each generator. They always like to maintain safety stock of 15.
A). What is the firm’s EOQ?
B). How many orders will the firm need to place this year?
C) What is the average inventory for the season?
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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