Sinag Enterprises is looking to increase its profitability through more efficient management of its working capital. In
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Question:
What is Sinag Enterprises' operating and cash conversion cycle? (4 points)
The firm's suppliers is offering 90 days credit term to increase business, how is Sinag's cash conversion cycle affected if it takes full advantage of the new credit terms? (2 points)
What is your recommendation to the company with regard to its working-capital management practices and why?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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