A companys operating cycle is the time frame from when a company buys materials until it obtains cash for the sale of an item.

Consider a business that you have worked for or you are familiar with, or utilize a fictitious company. The supervisor would like an analysis of the efficiency of the operations. Prepare a minimum 15-slide PowerPoint presentation and include the following:

• Draw an operating cycle of the company (e.g., you could use SmartArt in PowerPoint).
• Predict the length of the cash conversion cycle within that cycle.
• Determine the working capital needs of the company.
• Discuss the need for liquidity to conduct business.
• Show how efficiency ratios can be used to determine the best way to conduct the operations of the company.
• Provide recommendations to improve efficiency.