With concerns of increased competition, Genatron is planning in case its 2015 sales fall by 5 percent
Question:
a) Calculate the 2015 cash conversion cycle
b) Calculate the 2015 net investment in working capital
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,...
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a 5 decline 2013 2014 2015 Sales 1300000 1500000 1425000 Cost of Goods sold 780000 ...View the full answer
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Related Book For 
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
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