ABC Company currently has a cash cycle of 229 days. The company went through a management change. The new management has changed the working capital policies for the company. The new policies will increase the inventory period by 37 days, increase the accounts receivable period by 23 days, and decrease the accounts payable period by 13 days.

Calculate the number of days in the new cash cycle after the above changes become effective? what is the new cash cycle?

Answer rating: 100% (QA)

To calculate the new cash cycle we need to add the inventory period a... View the full answer