Solve the Following Parts: Piper Inc. Selected Financial Data Net Sales Cost of Goods Sold Inventory Receivables

Solve the Following Parts:

 

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Piper Inc. Selected Financial Data Net Sales Cost of Goods Sold Inventory Receivables Payables a. Days Inventory Outstanding (DIO) 1 b. Days Sales Outstanding (DSO) c. Days Payables Outstanding (DPO) d. Cash Conversion Cycle 2020 $400 $300 $60 $85 $25 e. At its current net cash burn rate, Piper Inc has only 3 months before it will run out of cash. Piper's CFO believes it will take longer than that to raise new equity. f. Does Piper need to lengthen or shorten its Cash Conversion Cycle to buy more time? g. What things can Piper do in the short term to improve its Cash Conversion Cycle? Piper Inc. Selected Financial Data Net Sales Cost of Goods Sold Inventory Receivables Payables a. Days Inventory Outstanding (DIO) 1 b. Days Sales Outstanding (DSO) c. Days Payables Outstanding (DPO) d. Cash Conversion Cycle 2020 $400 $300 $60 $85 $25 e. At its current net cash burn rate, Piper Inc has only 3 months before it will run out of cash. Piper's CFO believes it will take longer than that to raise new equity. f. Does Piper need to lengthen or shorten its Cash Conversion Cycle to buy more time? g. What things can Piper do in the short term to improve its Cash Conversion Cycle?

Answer rating: 100% (QA)

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