(1) Should we consider services in the cash-to- cash conversion cycle (C2CCC) computations? (2) How will you...

Question:

(1) Should we consider services in the cash-to-cash conversion cycle (C2CCC) computations?

(2) How will you handle the $886,000 in obsolete inventory?

(3) What is the "total" cash-to-cash conversion cycle for last year?

(4) What are your conclusions and final recommendations?

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,...