Upon graduation you receive a job offer from Pronto Manufacturing Incorporated. Duties listed with this job position

Question:

Upon graduation you receive a job offer from Pronto Manufacturing Incorporated. Duties listed with this job position include responsibilities in implementing the policy and management of cash conversion, inventory, and receivables. To get ready for the start of this job you decide to review the following topics.
1. What is the and what is the difference between it and the operating cycle?
2. What are some ways of shortening the ?
3. Discuss techniques for controlling inventory.
4. What aspects must managers consider when deciding on a trade credit policy for the firm?
5. Describe the five C's of credit.
6. What factors should managers consider when determining the company's collection policy?
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,...